PHDCCI Bulletin Vol. 47 No. 07 July 2025

Abstract

As the global economy enters a period of heightened turbulence marked by supply chain shocks, rising financial volatility, and geopolitical fragmentation, India continues to stand tall as a beacon of resilience, dynamism, and sustained growth. While economic activity across major OECD countries is projected to slow, with global GDP growth estimated at 2.8%, we remain the world’s fastestgrowing major economy with our GDP growth forecasted at 6.5% for FY 2025–26.