claim: India remains the world’s fastest growing large economy.
evidence: India continues to be the fastest-growing major economy in the world and its GDP growth is projected to hit 6.2 per cent in 2024, according to the ‘World Economic Situation and Prospects 2024’ report by the UN Department of Economic and Social Affairs. It said there is a robust domestic demand and strong growth in the manufacturing and services sectors. [...] 1) India remains the fastest-growing large economy in the world. Though growth in India is projected to reach 6.2 per cent in 2024, it is slightly lower than the 6.3 per cent estimate for 2023, amid robust domestic demand and strong growth in the manufacturing and services sectors. [...] 8) India is benefiting from growing interest from multinationals, which see the country as a key alternative manufacturing base in the context of developed economies’ supply chain diversification strategies.