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

• Fitch Ratings projects India as Asia's fastest-growing major economy, expanding by 6.4% in 2026.
• India's economy is less affected by trade pattern changes due to its relatively closed nature and low manufacturing exports.
• India is actively expanding trade relationships with countries outside the US, including recent deals with the EU.
• The Reserve Bank of India is expected to keep its policy rate unchanged at 5.25% in the near term.
• Enhanced fiscal transparency and buoyant revenues are likely to lead to a modest downward trend in government debt, though debt-to-GDP remains high.