The Great Indian Balancing Act
India’s economy has been booming: real GDP growth recently rose by 7.8% in Q1 FY 2025-26, and official figures show India’s output surpassing Japan to become the world’s fourth-largest economy (PIB, 2025). And is on track to become the world’s third-largest economy India is project-ed to be the world’s fastest-growing major economy (6.3% to 6.8%…