Shanghai/Beijing: India has been recognised as the fastest-growing major economy globally, thanks to a combination of deepening structural reforms, a stable and predictable investment climate and rising domestic demand, India’s Consul General in Shanghai, Pratik Mathur, said on Friday.
Speaking at the 11th Shanghai International Business Cooperation Forum, Mathur highlighted the role of key government initiatives such as Make in India and Digital India in bolstering growth and attracting global capital. He said these long-term reform measures have helped sustain momentum even amid global uncertainties, enhancing India’s appeal as an investment destination.
Mathur also drew attention to India’s burgeoning startup ecosystem — now among the world’s largest with more than 100,000 firms — and said upcoming global events like the AI Impact Summit 2026 will further showcase India’s innovation strengths.
Economists and official forecasts support this view: the Reserve Bank of India’s recent bulletin projected that India will remain the fastest-growing major economy in 2025-26, underpinned by resilient domestic demand and export diversification efforts despite external headwinds.
India’s rapid expansion comes amid broader economic gains — including overtaking Japan as the world’s fourth-largest economy — and has fuelled expectations that it could soon surpass other developed economies in size and scale.