India Growth Story 2025

India Growth Story 2025

Violet Woolf

What the Indian economic growth trajectory looks like and what is driving it

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The Trajectory

The Indian economic growth trajectory of approximately 7 percent annually -- the fastest growth rate of any major economy in the world and the rate that has made India the fifth largest economy globally -- is produced by the specific combination of the demographic dividend of the large and growing working-age population, the services sector expansion, and the specific manufacturing investments that the production-linked incentive schemes have attracted.

The Drivers

The specific growth drivers: the digital economy infrastructure that the UPI payment system, the Aadhaar identity infrastructure, and the Account Aggregator framework have enabled; the manufacturing sector investments in semiconductors, electronics, and electric vehicles that the PLI schemes have incentivised; and the services sector growth that the BPO, IT, and financial services industries continue to produce.

Daily Asian News Coverage

Daily Asian News covers the India growth story because the accountability journalism of the fastest-growing major economy in the Asia-Pacific requires examining what is driving the growth and whether the growth is producing the broad-based economic improvement that the headline number implies.

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