According to World Bank estimates, India’s growth rate is expected to be 6.7%
Current Hunt Team
India is expected to grow by 6.7%, which is more than the 2.7% world growth rate, according to World Bank projections.
India is expected to dominate the world economy, according to the World Bank’s World Economic Prospects report (WEP), which was released in January 2025.
According to the report, for the next two fiscal years, India will continue to be the large economy with the quickest rate of growth.
A flourishing services sector and a revived manufacturing base are credited by the with this exceptional momentum.
Government policies, which range from tax simplification to infrastructure modernisation, are boosting domestic growth and establishing India as a pillar of international economic stability.
Additionally, the report predicts that China’s economic growth will slow to 4% in the upcoming year.
According to the report, manufacturing WEP report activity is predicted to increase while the country’s services sector is predicted to continue growing strongly.
A healthier employment market, easier access to finance, and declining inflation are all expected to boost private consumption in the nation.
For the fiscal years 2025 and 2026, the IMF predicted that India’s growth would continue to be strong at 6.5%.
