# India Growth Momentum Broadens

> BofA Global Research forecasts India's Q2 GDP growth at 7-7.5% amid broadening economic activity.
- Title: India Growth Momentum Broadens · Financialexpress | Shortify
- Summary: BofA Global Research forecasts India's Q2 GDP growth at 7-7.5% amid broadening economic activity. BofA Global Research predicts India's second-half GDP…
- Keywords: india, gdp, bofa global research, reserves bank of india, q2 fy27, growth momentum, inflation outlook, business, money, news, Growth, Momentum
- Source: Financialexpress — https://financialexpress.com/business/news/india-growth-momentum-is-broadening-rahul-bajoria/4353380
- Author: Shubham Rana
- Published: 2026-10-04T12:31:33+00:00
- Read time: 1 min
- Topics: india, gdp, bofa global research, reserves bank of india, q2 fy27, growth momentum, inflation outlook, business, money, news
## Q1 GDP Growth Forecast
BofA Global Research forecasts Q1 FY27 GDP growth at 7.5% with actual figure at 7.8%.
## Q2 Growth Momentum Broadening
High-frequency indicators show growth momentum broadening across sectors despite agricultural headwinds.
## Q2 GDP Forecast
BofA expects Q2 FY27 GDP growth at 7-7.5% with strong indicators holding up or strengthening.
## Rate Hike Expectations
BofA expects 25-basis-point rate hikes in October and December, followed by one hike each in Q1 and Q2 of next year.
## Repo Rate Projection
BofA projects repo rate to reach 6.25% by June next year amid stable domestic growth.
## Key takeaway

BofA Global Research predicts India's second-half GDP growth will stay stronger than RBI projections despite agricultural headwinds.