India GDP growth forecasts upgraded by major agencies
pre-market1 source ↓written by the desknot a recommendation
- its estimate
- 7%
- 6.6%
- its forecast
- 6.9%
- 6.4%
- its estimate
- 0.4%
Global credit rating agencies S&P and Fitch, along with the Asian Development Bank, have upgraded India's GDP growth forecasts for FY27. S&P raised its estimate to 7% from 6.6%, while Fitch increased its forecast to 6.9% from 6.4%. ADB also lifted its estimate by 0.4% to 7%.
These upgrades reflect stronger-than-expected economic performance in Q1, enhancing India's credit profile and investor sentiment.
Not investment advice. For informational purposes only.