The IMF’s World Economic Outlook (October 2025) projects a modest slowdown in global growth, but highlights that emerging markets — India among them — are expected to sustain higher growth rates compared to advanced economies. The report flagged downside risks including trade protectionism, commodity shocks and uneven monetary normalisation, but also emphasised that countries with resilient domestic demand and structural reform momentum are better placed to absorb shocks. For India, IMF analysts and independent think-tanks pointed to the role of domestic consumption, investment in infrastructure, digital public goods and a dynamic services sector as pillars of resilience. Policymakers were urged to continue supply-side reforms, invest in human capital and maintain macroprudential safeguards to preserve financial stability while enabling growth.
The IMF’s World Economic Outlook (October 2025) projects a modest slowdown in global growth, but highlights that emerging markets — India among them — are expected to sustain higher growth rates compared to advanced economies. The report flagged downside risks including trade protectionism, commodity shocks and uneven monetary normalisation, but also emphasised that countries with resilient domestic demand and structural reform momentum are better placed to absorb shocks. For India, IMF analysts and independent think-tanks pointed to the role of domestic consumption, investment in infrastructure, digital public goods and a dynamic services sector as pillars of resilience. Policymakers were urged to continue supply-side reforms, invest in human capital and maintain macroprudential safeguards to preserve financial stability while enabling growth.