Fitch Ratings: India to Remain Asia's Fastest-Growing Economy Through 2026

• Fitch Ratings projects India's economic growth at 6.4% in 2026, making it Asia's fastest-growing major economy.
• India, Indonesia, and the Philippines are expected to be least affected by global trade pattern changes due to low manufacturing exports and relatively closed economies.
• India is diversifying trade relations beyond the US, signing agreements with the EU and a recent deal with the US.
• Fitch anticipates the Reserve Bank of India (RBI) will maintain stable interest rates at 5.25% after a December cut.
• Fiscal transparency, high growth, and GST implementation are strengthening India's revenue, though debt-to-GDP ratio remains a challenge.