April 17, 2025 4:46 PM

Fitch projects India’s GDP growth at 6.4% for FY26, retains 6.3% for FY27

Fitch Ratings on Thursday revised India’s GDP growth forecast for FY26 to 6.4%, citing global economic uncertainties, while maintaining its projection of 6.3% for FY27. The global ratings agency also lowered its estimates for FY25 and FY26 by 10 basis points to 6.2% and 6.4% respectively, attributing the downgrade to rising concerns over a potential global trade war. Fitch retained its outlook for FY27 at 6.3%, reflecting expectations of relative stability in India’s economic performance o...