India to log 6.7% GDP growth in next 3 years, remain fastest-growing economy: World Bank

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Driven by robust home demand, surge in funding and sturdy companies exercise, India will remain the quickest rising financial system in the world, clocking a gentle growth of 6.7 per cent for the next three fiscal years, the World Bank has mentioned.

In the ‘Global Economic Prospects’ report, the World Bank retained its growth forecast for India at 6.6 per cent for FY25.

It mentioned that India will remain the fastest-growing of the world’s largest economies, though its tempo of growth is predicted to average.

“After a excessive growth fee in FY 2023/24, regular growth of 6.7 per cent per yr, on common, is projected for the three fiscal years starting in FY 2024/25,” the worldwide financial institution mentioned.

For FY26 and FY27, the World Bank projected India’s financial system to develop at 6.7 per cent and 6.8 per cent, respectively.

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