Guwahati: The World Bank has reiterated its optimistic outlook on India’s economic growth, encouraging global businesses to invest in the country. Speaking at the ‘Advantage Assam 2.0 Business Summit’, World Bank Country Director Auguste Tano Kouame dismissed concerns over short-term economic fluctuations, calling India “the shining light in the world.”
Addressing a session on “Leveraging MDB Resources to Unlock Opportunities for the Private Sector,” Kouame assured investors that India’s growth trajectory remains strong. “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,” he stated. He also emphasized that minor variations in growth rates do not impact the World Bank’s bullish stance on India.
India continues to maintain its position as the fastest-growing large economy. The World Bank’s Global Economic Prospects (GEP) report (January 2025 edition) projects India’s GDP to grow at a steady 6.7% in FY26 and FY27, significantly outpacing the global average of 2.7%. The report attributes this strong momentum to a thriving services sector, a revitalized manufacturing base, and transformative government initiatives that are modernizing infrastructure and streamlining regulations.
With China’s growth expected to slow to 4% next year, India is emerging as a key driver of global economic stability. The International Monetary Fund (IMF) also shares a similar outlook, projecting India’s GDP to grow at 6.5% in both 2025 and 2026, reinforcing its status as a stable and resilient economy.