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India Looks Set To Be Primary Engine Of Growth In 2025, 2026: World Economic Forum Report

  • The World Economic Forum report released on May 29, 2025, highlights India as the primary engine of growth for 2025 and 2026 amid global uncertainty.
  • This outlook follows significant trade policy changes, including a recent India-UK trade deal that reduces tariffs on key UK exports and boosts optimism.
  • Supporting details include India's forecasted GDP growth of 6.2 percent by the IMF, a 76 percent increase in iPhone exports to the US, and robust purchasing managers' index data.
  • The report states 79 percent of chief economists see current global shifts as structural, while 98 percent describe the uncertainty as high, with trade policy being the most disruptive factor.
  • Consequently, policymakers and business leaders must improve coordination, agility, and invest in technologies like AI to navigate economic challenges and support long-term growth.
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NDTV broke the news in New Delhi, India on Wednesday, May 28, 2025.
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