Fitch raises India's growth forecast for next fiscal to 7%
Thursday, 14 March 2024
Rating agency Fitch raised its forecast for India's economic growth on Thursday, projecting a 7 per cent expansion in the next fiscal year starting on April 1 on the back of strong domestic demand and a sustained level of business and consumer confidence, with 8.4 per cent growth in gross domestic product (GDP) during the third quarter of current fiscal year.
Rating agency Fitch raised its forecast for India's economic growth on Thursday, projecting a 7 per cent expansion in the next fiscal year starting on April 1 on the back of strong domestic demand and a sustained level of business and consumer confidence, with 8.4 per cent growth in gross domestic product (GDP) during the third quarter of current fiscal year.
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