India will dominate the global economic landscape, maintaining its status as the fastest-growing large economy for the next two fiscal years.

The January 2025 edition of the World Bank’s Global Economic Prospects report projects India's economy to grow at a steady rate of 6.7 per cent in FY26 and FY27, significantly outpacing global and regional peers.

Read in Hindi: विश्व बैंक ने भारत के लिए 6.7 फीसदी वृद्धि का लगाया अनुमान

The GEP report credits this extraordinary momentum to a thriving services sector and a revitalised manufacturing base, driven by transformative government initiatives.

From modernising infrastructure to simplifying taxes, these measures are fuelling domestic growth and positioning India as a cornerstone of global economic stability. With its closest competitor, China, decelerating to four per cent growth next year, India’s rise is more than just a statistic. It is a powerful story of ambition, innovation, and unmatched potential.

Complementing the World Bank report, the latest update from the International Monetary Fund’s World Economic Outlook also reinforces India’s strong economic trajectory. The IMF forecasts India's growth to remain robust at 6.5 per cent for both 2025 and 2026, aligning with earlier projections from October.

This consistent growth outlook reflects India’s stable economic fundamentals and its ability to maintain momentum despite global uncertainties. The continued strength of India’s economic performance, as projected by both the World Bank and IMF, underscores the country’s resilience and highlights the sustained strength of its economic fundamentals, making India a crucial player in the global economic landscape.

The Global Economic Prospects report is a flagship publication of the World Bank Group that examines trends and projections in the global economy. It places a special emphasis on emerging markets and developing economies, offering insights into their growth trajectories and challenges. Published twice a year in January and June, the report serves as a vital resource for policymakers, economists, and researchers. The January edition delves into detailed analyses of pressing policy issues, while the June edition provides shorter, focused analytical pieces.

The latest GEP report marks a significant milestone by offering the first comprehensive review of the performance of developing economies since the beginning of the 21st century. With 2025 signalling the end of its first quarter, the report assesses the progress made by these economies since 2000 and evaluates their prospects over the next 25 years. This edition features two analytical chapters. One examines the opportunities and challenges faced by middle-income emerging and developing economies, while the other focuses on the progress and hurdles of the world’s poorest nations.

Overall, India is set to shape the future of the global economy, exemplifying the power of ambition, resilience, and strategic governance in achieving unparalleled progress.