WASHINGTON — India remains one of the world’s most attractive investment destinations, backed by its position as the fastest-growing major economy, Reserve Bank of India (RBI) Governor Sanjay Malhotra said during the US-India Economic Forum hosted by the Confederation of Indian Industry (CII) and the US-India Strategic Partnership Forum (USISPF).
Despite global financial volatility and uncertainty, India is projected to grow by 6.5 percent in the current fiscal year, Malhotra noted. “At a time when many advanced economies face economic headwinds, India continues to offer strong growth and stability, making it a natural choice for investors seeking long-term value,” he said.
Highlighting India’s transparent and rule-based policy environment, Malhotra described the country not just as an investment destination but as a “partner in prosperity,” encouraging global investors to collaborate and innovate alongside India.
India’s economy has demonstrated consistent resilience, averaging 8.2 percent annual growth from 2021 to 2025—up from 6.6 percent in the previous decade. Over the past ten years, India has climbed from the tenth-largest economy to the fifth, and is poised to become the third-largest economy globally, both nominally and in purchasing power parity.
Malhotra cited India’s robust financial sector as a key driver of this growth. The banking industry remains resilient, with strong profitability, low non-performing assets, and ample capital and liquidity. Non-banking financial companies (NBFCs) are also in good health. Bank credit growth, while moderating slightly, remains strong at about 12 percent—above the decade-long average of 10.5 percent.
“With private debt to GDP still relatively low, the banking sector is well-positioned to meet the funding needs of society and industry,” Malhotra said.
He also pointed to proactive government policies creating investment opportunities in emerging sectors like space, semiconductors, renewable energy, and electric vehicles.
“As the world’s fastest-growing major economy, India invites you to be part of this journey—collaborate, innovate, and invest for a better shared future,” Malhotra concluded. (Source: IANS)
