Fitch says India poised to remain one of fastest-growing economies in world for next few years

Fitch Ratings has said that India is poised to remain one of fastest-growing economies in the world in next few years. The rating agency has also affirmed India's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB (minus)' with a stable outlook. Fitch has made an upward revision to India's growth forecast for fiscal year ending March 2023, with the growth rate now seen at 6.9 percent,



as compared to a forecast of 6 percent issued in May last year.