The World Economic Outlook of October 2025, published by the International Monetary Fund (IMF), has projected India’s economic growth to be the fastest in the world at 6.6 per cent in 2025–26, outpacing China’s 4.8 percent. The importance of India’s growth numbers lies in the fact that it is slated to witness the highest growth among the Emerging Market and Developing Economies (EMDEs), which is the prime global growth driver.
Generally, the growth comparison between China and India is imprudent due to base effects, with China’s GDP projected at USD 19.23 trillion and India’s GDP projected at USD 4.19 trillion by 2025. Despite that, an interest in comparing the growth trajectories of the two Asian majors emerges due to their enhanced importance in the global economy, the rise of the Global South — where these two economies play a leadership role, and also to understand how two large, populous Asian economies with similar starting points diverged in policy choices, structural transformation, and development outcomes.
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