Fitch raises India GDP growth outlook to 6.9% for FY27

Fitch upgraded India's GDP growth forecast for FY27 to 6.9%, up from 6.4%, citing steady economic momentum. India's FY26 GDP grew 7.8%, with Q1 surging 8.6%. However, Fitch warns of slower growth ahead due to weak manufacturing, patchy monsoon, and food inflation expected to peak at 5.5% by December.