India's GDP forecast raised to 6.3% from 6% for current fiscal year: Fitch Ratings

New Delhi: Fitch Ratings on Thursday revised upwards its FY24 economic growth forecast for India to 6.3 per cent from 6 per cent it had predicted earlier.

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This is primarily because of a stronger outturn in the first quarter and near-term momentum.

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The growth forecast compares with 7.2 per cent GDP expansion in FY23. In the previous fiscal year (FY22), the economy had grown 9.1 per cent. (PTI)

• #India
• #forecast
• #GDP
• #Fitch
• #Momentum
• #Primarily