India growth to soften in near term, rebound later: Nomura

India's economy is set for a slowdown in the first half of FY27. Supply disruptions are expected to impact growth. However, demand remains strong. The economy is projected to recover in the latter half of the year. Nomura forecasts a full-year growth of 6.8%. Supportive policies and easing trade tensions are positive factors. The Iran conflict poses a potential risk.

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