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Prime Minister Narendra Modi has emphasized that resilience defines India's economic journey and growth story, noting how the nation has repeatedly turned global challenges into opportunities, particularly through digital transformation, energy security, and the green transition.
 
He promoted the mantra "Daam Kam, Dum Zyada" (less price, higher quality), urging India to prove its mettle globally through quality products and support for "Made in India".
 
Growth Performance and Resilience

• India’s GDP grew by 7.8% in the first quarter of FY26, making it the fastest-growing major economy currently.
• Estimates suggest India will sustain over 6% growth into 2025–2026, with forecasts ranging from 6.2% to 7.7% depending on the source.

• Fundamental strengths include high private consumption, continued public capital expenditure, and sector-wide momentum in manufacturing, agriculture, and services.

Key Strategies Amid Global Headwinds

• The government prioritizes digital transformation, energy security, and green transitions, turning external challenges like trade protectionism and tariff wars into innovation opportunities.
• Public infrastructure investment acts as a counter-cyclical anchor while private investment remains subdued globally; capex allocation has risen annually.
• India has enhanced export diversification, especially toward South Asia and Europe, to navigate disruptions in global value chains and tariff risks.
• Domestic policy, such as welfare programs and inflation control, maintains strong rural and urban consumption even as export orders face uncertainty.

 Global and Structural Challenges

• Persistent geopolitical tensions, protectionist measures (e.g., US tariffs), and supply chain realignments represent ongoing external risks.
• India’s future growth requires continued macroeconomic stability, meaningful reforms in labor, product markets, and targeted investments in education, health, and MSMEs.
• Despite high growth, challenges linger around inclusivity—especially labor force participation among women and quality rural job creation.

Achievements and Outlook

• India’s export sector has climbed sharply, with ambitious targets set for 2030.
• The country is projected to become the world’s fourth largest economy by 2026, with strong global recognition for its geopolitical and economic significance.
• India’s inflation has moderated and remains within target ranges, supporting overall stability.

In summary, India’s resilient growth is anchored in robust domestic demand, strategic reforms, and adaptive global trade strategies, allowing it to outperform most economies even in a turbulent global environment.

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