New Delhi, April 23
Despite global uncertainties and downward revisions in growth forecasts for other large economies, India is set to maintain its leadership in global economic growth, the government said on Wednesday.
Supported by strong fundamentals and strategic government initiatives, the country is well-positioned to navigate the challenges ahead.
"With reforms in infrastructure, innovation, and financial inclusion, India continues to enhance its role as a key driver of global economic activity," said the Ministry of Finance.
India is poised to lead the global economy once again, with the International Monetary Fund (IMF) projecting it to remain the fastest-growing major economy over the next two years.
According to the April 2025 edition of the IMF’s World Economic Outlook (WEO), India’s economy is expected to grow by 6.2 per cent in 2025 and 6.3 per cent in 2026, maintaining a solid lead over global and regional peers. It shows a downward revision in the 2025 forecast compared to the January 2025 update, reflecting the impact of heightened global trade tensions and growing uncertainty.
"Despite this slight moderation, the overall outlook remains strong. This consistency signals not only the strength of India’s macroeconomic fundamentals but also its capacity to sustain momentum in a complex international environment. As the IMF reaffirms India’s economic resilience, the country’s role as a key driver of global growth continues to gain prominence," said the ministry.