India has emerged as the key driver of global growth in the last few years, and with its robust GDP figures this fiscal, it is poised to remain the leading large economy on the planet, the International Monetary Fund (IMF) said.
"So what we have seen in India is that India is a key growth engine for the world," IMF spokesperson Julie Kozack said at a press conference.
Kozack also highlighted that since India's growth surpassed the IMF's previous estimates in the first two quarters of 2025-26, the IMF will revise its forecast, with the update coming out in the next few days.
"The bottom line for us on India is that it has been a key driver of global growth, and growth has been quite robust in India," she added.
The Indian economy grew at a rate of 7.8 and 8.2% in the first and the second quarter, respectively, in the current financial year, which is expected to rise even further in the third, given that the nation's holiday season, headlined by Diwali, saw record sales of automobiles, smartphones and other consumer durables in addition to a significant jump in sales of Gold and silver, amongst others.