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Fitch unit raises India FY27 growth forecast to 7.5%

BMI has raised India's economic growth forecast for 2026-27 to 7.5% from the previous estimate of 6.8%. The agency cites strong growth momentum and ongoing investment in artificial intelligence as key factors. However, risks from rising oil prices and potential El Nino disruptions could negatively impact growth. Additionally, the forecast for 2027-28 has been adjusted down to 6.3%, reflecting concerns for household consumption.

13 Oct 2026 1:23 am