London, April 17, 2025 – Fitch Ratings has downgraded its growth forecast for India and the global economy, citing persistent trade uncertainties as a major factor. The global credit rating agency warned that trade disruptions, particularly due to tariffs and geopolitical tensions, are likely to continue affecting global trade dynamics and economic recovery in the near term.
For India, Fitch highlighted concerns over the impact of global supply chain disruptions and rising inflation, which could hinder the country’s growth prospects. The revised forecast has led to a reassessment of India’s economic outlook, with analysts calling for a stronger push towards internal reforms and trade diversification to mitigate external risks.
