Fitch Ratings on Wednesday revised India’s GDP growth projection for FY26 to 6.9%, up from its earlier estimate of 6.5%, citing robust June-quarter performance and strong domestic demand.
In its Global Economic Outlook – September report, Fitch noted that economic activity accelerated sharply between the March and June quarters, with real GDP growth climbing to 7.8% year-on-year, compared to 7.4% in the previous quarter.
The latest figure is well above the agency’s earlier forecast of 6.7% in its June outlook.