'India projected to maintain fastest growth rate': World Bank holds FY26 growth at 6.3%; global growth rate forecast cut to 2.3%
Despite global economic headwinds, the World Bank projects India to be the fastest-growing major economy in 2025-26, with a 6.3% GDP expansion. While this forecast remains steady from April, it's a slight dip from January's estimate due to subdued industrial growth and export demand. However, construction, services, and rural consumption are expected to remain robust, supporting India's strong economic fundamentals.
Despite global economic headwinds, the World Bank projects India to be the fastest-growing major economy in 2025-26, with a 6.3% GDP expansion. While this forecast remains steady from April, it's a slight dip from January's estimate due to subdued industrial growth and export demand. However, construction, services, and rural consumption are expected to remain robust, supporting India's strong economic fundamentals. What's Your Reaction?
