India set to top G20 growth charts through 2026: Report

India is poised to outpace every other G20 nation in economic growth through 2025 and 2026, according to the latest Economic Outlook released by the Organization for Economic Cooperation and Development (OECD) on June 3 in Paris.

The OECD estimates India’s real GDP will grow by 6.3% in 2025 and edge slightly higher to 6.4% in 2026—making it the fastest-growing economy in the G20 bloc. The bullish forecast comes at a time when global growth is expected to decelerate, dipping from 3.3% last year to just 2.9% in the next two years.

Unveiling the report amid an informal WTO ministerial-level meet, OECD Secretary-General Mathias Cormann warned of mounting global economic headwinds. “Additional increases in trade barriers or prolonged uncertainty will further lower growth prospects and likely push inflation higher in countries imposing tariffs,” he said, citing rising tensions in Eastern Europe and the Middle East, along with escalating tariff threats from the US.

Yet, India remains an outlier in this global gloom.

Speaking at the India-France Business Conference on the sidelines of the OECD Ministerial Council Meeting, Union Minister for Commerce and Industry Piyush Goyal underlined New Delhi’s long-term ambition: “India is looking to become a $32 trillion economy by 2047. This exponential growth will be possible because of our talent—and I’m here to reiterate our commitment to deeper people-to-people ties.”

Goyal emphasized India's aggressive drive to streamline business reforms and attract foreign investment: “Our razor focus is to make it easier to do business in India.”

India is also doubling down on strengthening economic ties with Europe. The European Union, which has been negotiating a Free Trade Agreement (FTA) with India, now appears closer to a breakthrough. French Minister of Foreign Trade Laurent Saint-Martin said an agreement could materialize “in the coming weeks and months.” He added, “India is one of our priorities, and I know the European Commission really wants to accelerate the FTA.”

As the world grapples with slower growth and rising uncertainty, India is positioning itself not just as a growth leader—but as a cornerstone of global economic resilience.