NEW DELHI: India’s economy continues to outperform major global peers, with strong growth momentum and a structural transformation underway in its capital markets.
After recording GDP growth of 6.5 per cent in FY24-25, the country’s economy expanded by 7.8 per cent in the first quarter of FY2025-26, according to the IMF.
At a time when several large economies are slowing and revising their forecasts downward amid policy uncertainties, India is accelerating. The IMF currently positions India as the fastest-growing major economy globally, ahead of China, whose growth is projected at 4.8 per cent.
Moreover, the International Monetary Fund (IMF) has projected real GDP growth of 6.6 per cent for the full year, even under the assumption of prolonged tariff measures by the United States, according to reports.
Earlier this month, the IMF said India is expected to contribute as much as 17 per cent to global real GDP growth in 2026 as it continues to remain the world’s fastest-growing major economy.