Fitch unit bumps up India's GDP growth forecast to 6.5%

Business Nov 27, 2025

India just got a confidence boost—BMI, a unit of Fitch Solutions, has raised its economic growth forecast for 2025-26 from 6.0% to 6.5%.
The upgrade comes after a strong showing in Q2, with GST reforms making it easier for businesses and cutting down on policy confusion.

Industrial gains and GST reforms fuel optimism

Industrial production jumped by 3.7% year-on-year in Q2, marking the best growth in over a year.
BMI credits lower goods costs from GST changes as a big reason behind this momentum, estimating Q2 GDP growth at an impressive 7.9%.
Official numbers drop November 28, so we'll soon know exactly how well India did.