Rating Agency Fitch Raises India's GDP Growth Forecast For 2024-25 To 7.2%

Fitch said in its global outlook report, "We expect the Indian economy to grow by a strong 7.2 per cent in FY25."

Global rating agency Fitch today raised India's GDP growth forecast for FY25 to 7.2 per cent, from 7 per cent.

The rating agency said in its report that recovery in consumer spending and increasing investment trends are the main factors for this update.

Fitch said in its global outlook report, "We expect the Indian economy to grow by a strong 7.2 per cent in FY25."