HOME > MARKETS > ECONOMY NEWS
  ECONOMY NEWS
ECONOMY
India fastest-growing major economy in world: Ashwini Vaishnaw
Jan-23-2026

Highlighting various reforms including labour code reforms, simplification of the GST, reforms in the energy sector and opening up of nuclear energy to the private sector, Union Minister for Railways, Communications, Electronics & Information Technology, Ashwini Vaishnaw has said that India’s reform momentum is firmly on track and as a result, India has emerged as a high-growth, resilient and globally trusted destination.

The Minister said that a continuous reform process is underway across all sectors of the economy, adding that investors are extremely encouraged by the policy environment in India and are increasingly expanding their commitments. He noted that companies across sectors are increasingly viewing the present period as an opportune time to invest in India.

Vaishnaw further said that India is today the fastest-growing major economy in the world, with a consistent growth trajectory of 6-8 per cent projected over the next five years. He underlined that the combination of moderate inflation and high growth reflects the economic transformation achieved under the leadership of the Prime Minister over the past decade, which is drawing global attention.

Amid prevailing global uncertainties, the Minister expressed the need to strengthen internal capabilities to enhance resilience amid geopolitical, geoeconomic and geotechnical turbulence. He stated that the Government is focused on ensuring that all foundational building blocks of the economy are firmly in place to enable India to weather global disruptions.


  RELATED NEWS >>