Fitch: India to Outpace China, Japan; Asia's Fastest-Growing Economy by 2026

• Fitch Ratings projects India as Asia's fastest-growing major economy by 2026, with a 6.4% growth rate.
• India's economy is less vulnerable to global trade shifts due to lower reliance on manufacturing exports and a strong domestic market.
• Proactive trade policies, including agreements with the EU and US, have diversified relations and reduced risks from US tariffs.
• RBI is expected to maintain interest rates at 5.25% to balance inflation and growth.
• Fiscal transparency and increased GST revenue are set to modestly reduce government debt, though the debt-to-GDP ratio remains high.