The fastest-growing major economy, India's output is expected to expand by no less than 6.8% in 2025. This represents a 0.2% upgrade since the last OECD forecast and comes on top of almost the exact same level of growth predicted for this year. The governor of India’s central bank has suggested sustainable growth of up to 8% in the coming years is a possibility.

The driving forces of India's growth include comprehensive public investment in infrastructure and other areas, healthy business investment, and blossoming exports, from tech products to IT and consulting services. There's a catch though: while inflation and interest rates are predicted to ease, private consumption is set to be lacklustre next year.

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