Fitch Revises India’s FY26 GDP Growth to 6.3%, Notes Limited Fallout from U.S. Tariff Hikes:

Fitch Revises India’s FY26 GDP Growth to 6.3%, Notes Limited Fallout from U.S. Tariff Hikes:

Daily Current Affairs   /   Fitch Revises India’s FY26 GDP Growth to 6.3%, Notes Limited Fallout from U.S. Tariff Hikes:

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Category : Business and economics Published on: August 04 2025

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Fitch Ratings has lowered India’s GDP growth forecast for FY2025–26 to 6.3%, down slightly from 6.4% estimated earlier in April. Despite the downward revision, the rating agency highlighted continued strength in infrastructure investment that sustains demand across core sectors. Fitch also noted that the recent increase in U.S. tariffs is unlikely to have a significant direct effect on Indian corporates, based on its latest India Corporates Credit Trends report.

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