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India’s economy was projected to become the world’s fourth largest, surpassing Japan’s economy by the end of March 2026. Even with tariffs up to 50 percent hampering economic activity in the second half of 2025, economic growth remained resilient. Digital services, manufacturing and supply chain diversification, infrastructure and urban development, and renewable energy and technology continued to propel growth and attract new investments. Further easing fiscal and monetary policies and strengthening economic partnerships with other countries, India in 2026 is on the path to becoming a top-performing emerging market. To what extent can India adapt to tariffs and expand to new markets for its goods and services? How might India’s ongoing reforms create new entry points for global investors and businesses? What macro or regulatory risks could impact capital returns in the years ahead?
