UNCTAD Projects India as the World's Fastest-Growing Large Economy at 7.3% in 2026

12 October 2026National

UNCTAD's Trade and Development Report 2026, subtitled "The Geoeconomics of Development", projects India growing 7.3% in 2026 - the fastest among large economies - on robust domestic demand, public infrastructure spending and expanding manufacturing capacity. Global growth is seen slowing to 2.6% from 2.9% in 2025, with developing economies at 4%. Asia is expected to supply 59% of global growth, with Kyrgyzstan at 8.8%, Uzbekistan 7.9%, Viet Nam 7.8% and China 4.5%. World trade hit a record USD 35 trillion in 2025 and is projected to grow about 4% in 2026, led by semiconductors and AI computing equipment.

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UNCTAD - the United Nations Conference on Trade and Development - was established in 1964 and is headquartered in Geneva, Switzerland | Its flagship annual publication is the Trade and Development Report; it also publishes the World Investment Report | Rebeca Grynspan of Costa Rica has been UNCTAD Secretary-General since 2021

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