India forecast to lead large economies with 6.6% growth in 2025, outpacing global rates.

The United Nations predicts India will remain the world's fastest-growing large economy with a 6.6% growth rate this year, rising to 6.8% next year. Strong export growth in services and goods, particularly pharmaceuticals and electronics, robust private consumption and investment, and favorable monsoon rains will drive this growth. The global growth rate is 2.8%, while developed economies' growth slipped to 1.6%. Risks to South Asia's outlook include geopolitical tensions and debt challenges.

January 10, 2025
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