Fitch raises India’s FY26 GDP growth forecast to 7.5% in March 2026 outlook

Direct fact

In March 2026, Fitch Ratings revised India’s GDP growth forecast to 7.5% for FY26 and 6.7% for FY27 in its Global Economic Outlook, while projecting world GDP growth at 2.6% for 2026.

Key specifics

• India’s FY26 GDP growth forecast was raised to 7.5%.
• India’s FY27 GDP growth forecast was set at 6.7%.
• Fitch projected world GDP growth at 2.6% in 2026.
• Fitch had earlier projected FY26 growth at 7.4% and FY27 growth at 6.4% in December.
• The outlook warned that oil above US$70 per barrel could worsen the global scenario.

Exam lens

Question type: Economy and reports, 7.5%, 6.7%, 2.6%, US$70 per barrel; TNPSC may ask which agency revised India’s growth outlook in March 2026.