India’s GDP Seen Growing 6.6% by FY27, Driven by Digital Economy, AI and Silver Economy

New Delhi- India’s gross domestic product (GDP) is projected to grow at around 6.6 per cent by FY27, supported by key growth drivers such as the digital economy, artificial intelligence (AI), quick commerce, tourism, the silver economy and green ports, according to a report released on Thursday.

The report by business data analytics firm Dun & Bradstreet said the digital economy is likely to expand at nearly twice the pace of the overall economy and contribute close to 20 per cent of gross value added by 2030.

AI adoption is expected to deepen across sectors including banking, financial services and insurance (BFSI), manufacturing and healthcare, with the potential to add nearly $600 billion to India’s GDP over the next decade. Cities such as Mumbai, Chennai and Hyderabad are emerging as major data centre hubs, strengthening India’s position as a global leader in digital infrastructure, the report noted.

India’s health-tech ecosystem is also poised for significant growth, driven by an expanding senior population, which is estimated to reach about 347.2 million by 2050. This demographic shift is expected to fuel the growth of the care and silver economy, with senior living communities expanding across metropolitan areas as well as Tier-2 cities.

On the maritime front, the report projected that India’s trade volumes could exceed 7,100 million metric tonnes per annum by 2047, driven almost equally by containerised and non-containerised cargo.

Green port initiatives under the Harit Sagar programme, including shore power facilities, hydrogen or ammonia bunkering and port retrofitting, are expected to gather momentum from 2026 onwards, it added.

Dun & Bradstreet highlighted a stable macroeconomic outlook and said India’s next phase of growth will be driven by digitised logistics, trusted data ecosystems, clean energy and improved urban productivity.

“India is well-positioned to accelerate investments in productivity, technology and clean energy. Emerging sectors such as AI, green ports, quick commerce and the silver economy will strengthen competitiveness and create inclusive growth opportunities across regions and industries,” said Arun Singh, Global Chief Economist at Dun & Bradstreet.

He emphasised the importance of attracting private capital, strengthening human capital and leveraging policy support to ensure sustainable economic transformation.

The report also noted that Tier-2 and Tier-3 cities will continue to attract investments as technology and talent hubs, with semiconductor and advanced manufacturing projects playing a key role in boosting local economies.

With inputs from IANS