India to grow at 7.8% in 2015, surpass China: Fitch Ratings
Among the BRICS grouping, GDP growth will range from 7.8 percent in India to a contraction of 3 percent in Russia and 1.5 percent in Brazil this year, said the Global Economic Outlook released by the Fitch Ratings.
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India is expected to grow at 7.8 percent in 2015, surpassing China's growth rate, and further accelerate to 8 percent and 8.1 percent in subsequent years, global rating agency Fitch said on Tuesday.
Among the BRICS grouping, GDP growth will range from 7.8 percent in India to a contraction of 3 percent in Russia and 1.5 percent in Brazil this year, said the Global Economic Outlook released by the Fitch Ratings.
As regards China, the report said the growth rate "is in a gradual structural slowdown and our unchanged growth forecast is 6.8 percent in 2015, 6.5 percent in 2016 and 6 percent in 2017".
"India's GDP growth will surpass China's this year for the first time since 1999
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