India: The Unyielding Economic Powerhouse of 2025-26
India is poised to maintain its status as the fastest-growing major economy in 2025-26, driven by strong macroeconomic fundamentals and a thriving financial sector, according to Kumar Mangalam Birla. Despite global challenges, India's economy is buoyed by robust manufacturing momentum and strategic governmental initiatives.
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India is set to maintain its position as the leading major economy in terms of growth in 2025-26, according to industrialist Kumar Mangalam Birla. He attributes this resilience to India's strong macroeconomic foundations and a robust financial sector.
In the UltraTech Cements' annual report, Birla highlighted India's momentum as a stable anomaly amidst global uncertainty. The country achieved a GDP growth rate of 6.4-6.5%, with a final quarter surge to 7.4%, propelled by sectors such as construction and manufacturing.
Birla notes that while global financial volatility and geopolitical tensions loom, India's structural economic soundness provides a buffer. Additionally, government initiatives like the production-linked incentive scheme and Gati Shakti infrastructure project are expected to further boost manufacturing momentum.
(With inputs from agencies.)
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