India Races Ahead: 7% GDP Jump to Top Emerging Markets
17:13 28.11.2025 (Updated: 17:47 28.11.2025)
© AP Photo / Saurabh Das
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Major global institutions, including the IMF, project India’s GDP to grow 6.5–7.5% in FY 2025–26, underscoring its status as one of the world’s fastest-growing major economies.
India will continue to lead economic growth among emerging markets, with the world's fifth-largest economy poised to grow at a rate of 7%, Moody's Ratings said on Friday.
"India will lead growth among emerging markets and across the region, with GDP growing 7 per cent in 2025 and 6.4 per cent in 2026," the global financial ratings agency said in a statement.
Moody's underscored that amid a challenging geopolitical landscape, India's massive domestic market drives its economic growth and highlights its resilience.
One must not forget that the US has imposed the highest tariffs on India alongside Brazil, both of which have been served with 50% levies on their exports, but the recent restructuring of local taxes has fueled domestic consumption in multiple sectors in the former.
Sales of consumer durables and automobiles hit a record high in India last month, as people rushed to buy new cars and other products during the holiday season, marked by the festival of lights, Diwali.
In October 2025, sales of automobiles rose 40.5% to over 4 million, an all-time record in a month.
Consumer durable sales witnessed a double-digit growth with smartphones leading in this segment with an 18% surge, while TVs, laptops, and wearables also recorded more than 10% growth, according to Counterpoint Research.
One must not forget that the US has imposed the highest tariffs on India alongside Brazil, both of which have been served with 50% levies on their exports, but the recent restructuring of local taxes has fueled domestic consumption in multiple sectors in the former.
Sales of consumer durables and automobiles hit a record high in India last month, as people rushed to buy new cars and other products during the holiday season, marked by the festival of lights, Diwali.
In October 2025, sales of automobiles rose 40.5% to over 4 million, an all-time record in a month.
Consumer durable sales witnessed a double-digit growth with smartphones leading in this segment with an 18% surge, while TVs, laptops, and wearables also recorded more than 10% growth, according to Counterpoint Research.
The Indian economy grew by 8.2% in the second quarter of the current fiscal, the highest in six quarters, beating estimates from analysts, data from the National Statistics Office (NSO), which comes under the Ministry of Statistics and Programme Implementation (MoSPI), showed.
