The Business Bytes
THEBUSINESSBYTES BUREAU
GUWAHATI, FEBRUARY 27, 2025
The World Bank has reaffirmed its confidence in India’s economic trajectory, urging global investors to capitalize on the country’s growth potential. Speaking at the ‘,’ World Bank Country Director Auguste Tano Kouame dismissed concerns over short-term economic fluctuations,Advantage Assam 2.0 Business Summit calling India “the shining light in the world.”
“If somebody is worried about recent data, we would like to say don’t worry. India is the shining light in the world. If you are looking to invest, then come and invest here. The Indian growth makes it the place to invest,” Kouame said during a session on leveraging multilateral development bank (MDB) resources to unlock private sector opportunities. He emphasized that minor variations in economic growth projections do not alter the World Bank’s positive outlook on India’s future.
India continues to uphold its position as the fastest-growing large economy. The World Bank’s Global Economic Prospects (GEP) report released in January 2025 projects India’s GDP to grow at a robust 6.7 per cent in both FY26 and FY27, significantly outpacing global and regional peers. At a time when global growth is expected to remain at 2.7 per cent in 2025-26, India’s steady expansion highlights its resilience and growing role in the global economic landscape.
The report attributes this sustained momentum to a booming services sector and a revitalized manufacturing base, bolstered by transformative government initiatives. These include large-scale infrastructure modernization and tax reforms, which are driving domestic growth and positioning India as a pillar of global economic stability. In contrast, China’s economic growth is expected to slow to 4 per cent next year, further underscoring India’s rising prominence.
Echoing the World Bank’s optimism, the International Monetary Fund (IMF), in its latest World Economic Outlook (WEO) update, has also projected India’s GDP growth at 6.5 per cent for both 2025 and 2026. This stability reinforces the country’s strong economic fundamentals, demonstrating its ability to maintain momentum despite global uncertainties.
