Question
What is the revised GDP growth forecast for India for
FY26 according to Fitch Ratings?Solution
Fitch Ratings has revised India's FY26 GDP growth forecast to 6.4% , a 10 basis point reduction from its previous estimate in March 2025. The downgrade is primarily due to heightened risks from escalating global trade tensions, especially the new US tariffs and the ongoing global trade war . Despite the revision, India is seen as relatively resilient due to its low reliance on exports .
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