Amid signs of a global slowdown, India remains the world’s fastest-growing major economy.
RNE Network.
Amid signs of a global economic slowdown, India is set to remain the fastest-growing major economy in the world in the coming years.
According to the latest United Nations report, strong domestic demand and government investment will continue to support India’s economic growth.
As per the World Economic Situation and Prospects 2026 report released by the UN Department of Economic and Social Affairs, India’s economy is projected to grow by 6.6 percent in 2026 and 6.7 percent in 2027.
The report notes that robust domestic consumption and public investment will largely offset the negative impact of higher tariffs imposed by the United States.
It also states that recent tax reforms and monetary policy easing are likely to provide additional support to economic activity in the near term.
According to the UN report, India’s growth rate will be the highest among the world’s major economies.
The report estimates that China’s economy will grow by 4.6 percent in 2026, while the United States is projected to register a much lower growth rate. The US economy is expected to grow by 2 percent in 2026, rising slightly to 2.2 percent in 2027.
At the global level, economic growth is also expected to remain subdued. The United Nations projects global growth of around 2.7 percent in 2026 and 2.9 percent in 2027.
Geopolitical tensions, trade restrictions, and financial stress in several countries continue to weigh on the global economy.
The report adds that despite current global challenges, strong domestic demand in large emerging economies like India can play a crucial role in providing stability to regional and global economic growth.
