Fitch revises India GDP to 6 per cent

Fitch revises India GDP to 6 per cent


It said the recent election results should provide additional confidence and spur growth.
Earlier, Fitch said it expects India’s growth to slow to about 5 per cent in the current fiscal due to recession in advanced economies and the reduction in capital flows.

It further said there have been some encouraging signs in terms of Indian industrial production, with April numbers turning positive, and the purchasing managers index has recovered strongly.

DH Newsletter Privacy Policy Get top news in your inbox daily
GET IT
Comments (+)