Fitch Raises India's FY26 Growth Forecast to 6.9%

Says strong June quarter and domestic demand to drive growth, but uncertainty around trade relations will dampen business sentiment

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Fitch Ratings on Wednesday raised India's GDP growth forecast to 6.9% for the current fiscal year, from 6.5% earlier, citing strong June quarter growth and domestic consumption-led demand. Fitch is the first global rating agency to have upped India's GDP growth estimates for the current fiscal year after the string of downward revisions by various agencies earlier this year due to trade and tariff uncertainties.