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Fitch raises growth forecast to 7.4%
Financial Express Ahmedabad
|December 05, 2025
FITCH RATINGS HAS raised India’s GDP growth forecast for FY26 to 7.4% from 6.9% estimated earlier, citing stronger-than-expected economic momentum and robust domestic demand.
The upgrade follows the economy’s impressive 8.2% year-on-year expansion in the second quarter of FY26, an acceleration from 7.8% in Q1. Fitch noted that the gap between nominal and real GDP has narrowed significantly, with the GDP deflator rising just 0.5% from a year earlier, reflecting contained price pressures.
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