NEW DELHI: India is set to outpace the broader Asian region, and China, even as growth across developing Asia and the Pacific is projected to slow down over the next two years amid geopolitical headwinds, according to a report released by Asian Development Bank (ADB) on Friday.
According to the ADB analysis, economic growth in developing Asia and the Pacific is projected to ease to 5.1 per cent in 2026 and 2027, down from 5.4 per cent last year, weighed by geopolitical tensions and persistent trade uncertainty.
In contrast, India’s growth is forecast to remain relatively robust at 6.9 per cent in 2026, before accelerating to 7.3 per cent in 2027, supported by resilient domestic consumption.
"Most economies in developing Asia and the Pacific will see their growth outlook worsen this year and in 2027, " the report noted, as it highlighted India’s relative strength.