Fitch Raises India FY26 Growth Forecast To 6.9%
Global credit ratings agency Fitch Ratings has upgraded India’s economic growth forecast for fiscal year 2025–26 to 6.9%, raising it from the earlier estimate of 6.5%.
Q1 Performance
The revision follows a stronger-than-expected performance in the April–June quarter, when India’s real GDP grew 7.8% year-on-year, compared to 7.4% in the previous quarter. Fitch had earlier projected growth of 6.7% for the same period.
Drivers Of Growth
The agency said the upward revision reflects robust services activity, resilient domestic consumption, and supportive financial conditions that continue to drive the economy.
Risks Ahead
Fitch also cautioned about potential risks, pointing to escalating U.S. trade tensions that could affect investment and business confidence in the months ahead.
