Fitch Raises India’s Medium-Term Growth Outlook to 6.4% till FY26:
Fitch Ratings has upgraded India’s medium-term GDP growth projection to 6.4% till FY2026, citing improved labour force participation and reduced pandemic-related economic scarring. This revision comes even as Fitch trims growth forecasts for most other emerging markets, with countries like China facing deeper structural challenges. The upgraded outlook reflects India’s resilience and ongoing structural shifts in employment and productivity.Fitch Ratings revised India’s medium-term GDP growth potential upward from 6.2% to 6.4%. The development holds significance as India stands out among emerging markets, where the average growth estimate has declined. This reflects a positive reassessment of India’s economic fundamentals, particularly in terms of labour dynamics.
