Economic Growth

As India nears the $3,000 per capita mark, a coordinated push in skills, clean energy and AI could help it leapfrog the middle-income trap

Cites infrastructure push, industrial expansion and welfare gains in Utkal Divas message to chief minister

India's growing economy and massive infrastructure needs align perfectly with American expertise in energy, advanced manufacturing and digital infrastructure and both sides are well-positioned for a 'win-win' expansion of their strategic economic pillar, US Ambassador Sergio Gor has said. The envoy said the two countries are prioritising building resilient supply chains for semiconductors and critical minerals, and welcomed New Delhi joining the US-led 'Pax Silica' initiative, which aims to secure these networks amid intense competition from China. In an interview to Span magazine, a US embassy publication, the ambassador said Washington is uniquely positioned to serve as the "main facilitator" of economic growth across South and Central Asia and that its proposed trade deal with India will create a "powerful anchor" for regional economic integration. Elaborating on the US' defence and security cooperation with India, he said it represents the "most strategically significant" area o

The turnaround is the result of TN's faster growth following the 1991 reforms, with its per capita GDP growing at 5.8 per cent per annum, compared to 4.7 per cent for India as a whole (1994-2023)

India's economy is expected to grow above 7% in FY27, supported by domestic demand and investment, even as geopolitical tensions and global slowdown risks persist

Ram Charan said India should focus on building 10 major industries with deep value chains to enhance global competitiveness and strengthen supply chain positioning

India's economic growth has not translated into sufficient job creation, with weak formal employment and low female participation, says economist Jayati Ghosh

Rising oil prices from the US-Israel-Iran conflict threaten Asia's growth, widening deficits, fuelling inflation, and testing energy security across major economies

Mospi bulletins highlight gains in sanitation, electrification and inequality reduction as India aligns economic expansion with environmental sustainability under SDG framework

China's growth model has lasted longer than expected but is now losing momentum, as the government runs out of fiscal space to sustain investment-driven expansion

Exports from some EBRD countries to the United States even grew, particularly those related to the AI boom, as those countries replaced China's exports

India's ambition to ensure AI-led economic growth and social good rests on accelerated innovation and execution

Gross domestic product increased at a 1.4% annualized rate last quarter, the Commerce Department's Bureau of Economic Analysis said in its advance estimate of fourth-quarter GDP

Anthropic CEO Dario Amodei said AI has the potential to lift millions out of poverty and significantly expand India’s economic growth.

From 2019 to 2024, Bangladesh beat India in terms of per capita income

The Union Budget 2026–27 places manufacturing firmly at the heart of India’s growth strategy.

Fiscal restraint and policy stability are key for a pivot from consumption to investment led growth

Moody's Ratings on Monday projected India to clock a 7.3 per cent growth in the current fiscal, and said the strong economic expansion would support average household incomes and stimulate demand for insurance protection. In its report on India's insurance sector, Moody's said the industry looks set to benefit from sustained premium growth on the back of robust economic expansion, increased digitisation, tax changes and a planned reform of the dominant state owned insurance sector. The increase should improve the industry's currently weak profitability. "We expect India's economy to grow by 7.3 per cent in FY 2025 (year to March 2026), up from 6.5 per cent the previous year. This will increase average incomes and support demand for insurance," it said. In FY 2024-25, GDP per capita rose 8.2 per cent year-on-year to USD 11,176, while headline GDP grew by 6.5 per cent. Moody's said India's robust economic growth contributed to a 17 per cent increase in total insurance premium revenue

Despite headline GDP growth, weak private capex and rising public borrowing are creating a government-led model that keeps credit scarce, raises rates, and threatens India's long-term growth momentum

They can help ensure that India remains on a high-growth trajectory over the next two decades