India Ratings & Research, a Fitch Group Company, is a prominent credit rating and research agency based in Mumbai, India. It employs around 310 professionals and is led by Managing Director and CEO Rohit Sawhney. As a subsidiary of Fitch Group, which operates globally, India Ratings focuses on credit risk assessment and research tailored to the Indian market. The agency provides a range of services, including credit ratings for bank facilities, corporate debt, and structured finance instruments. It also conducts sector-specific research across industries such as microfinance, real estate, energy, and hospitality. Additionally, India Ratings offers macroeconomic insights and regulatory compliance tools, helping clients navigate fiscal policies and industry regulations. Its clientele includes financial institutions, corporates, and government agencies, all benefiting from its expertise in credit assessments and market analysis.