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Fitch Trims FY25 Growth Projection of India to 6.3%
The New Indian Express Nagapattinam
|March 20, 2025
RATING agency Fitch has revised India's FY25 GDP growth forecast down from 6.4% to 6.3%, while keeping the FY26 estimate steady at 6.5% and slightly raising the FY27 projection to 6.3%.
The rating agency cautions that unexpectedly aggressive US trade policies pose a key risk to these forecasts but believes India remains somewhat shielded due to its low dependence on external demand.
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