India Emerges with Robust Growth Outlook Despite Global Slowdown: WEF Survey

According to a recent World Economic Forum (WEF) survey, global economic growth is expected to slow down significantly, influenced by geopolitical developments. However, India is projected to defy this trend and emerge with strong growth prospects, chiefly due to domestic demand and investment, securing its position as an economic standout.

The findings reveal that 94% of chief economists expect a rise in global inflation, influenced by disruptions in the Strait of Hormuz. This has fueled concerns about a potential economic shock, compounded by the conflict in the Middle East. Despite these global challenges, 52% of surveyed economists anticipate robust growth in India, citing its active trade policies and infrastructural advancements.

With a growth rate projected at 6.5% for 2026-27, India's economic resilience is notable. However, it is not immune to external pressures, with the central bank having expended significant reserves to stabilize the currency. Energy prices remain a critical concern globally, but India's strategic economic measures continue to bolster its standing among large emerging markets.

(With inputs from agencies.)