WEF DAVOS 2026 | India To Be World’s Third Largest Economy By 2028: Gita Gopinath
WEF Summit Davos 2025: 'We didn't see any smoking gun evidence that there was something particularly bad about India's GDP numbers versus any other countries,' says Gita Gopinath
At the World Economic Forum Annual Meeting, India’s growth story takes center stage. Growing at 6.5%, India is the fastest-growing major economy, fueled by infrastructure investment, a digital revolution, and an expanding manufacturing base. In this session, Kalli Purie, Vice Chairperson & Executive Editor-in-Chief, India Today Group, joins Sunil Bharti Mittal, Chairman of Bharti Enterprises; Juvencio Maeztu Herrera, CEO & President of INGKA Group (IKEA); Gita Gopinath, Harvard Professor of Economics; Ashwini Vaishnaw, Minister of Railways & Electronics & IT; and N. Chandrasekaran, Chairman of Tata Sons, to discuss whether India can sustain growth, investment, and innovation amid structural and global challenges. COURTESY - WORLD ECONOMIC FORUM
At Davos 2026, Economist and Professor at Harvard University, USA Gita Gopinath offered a clear message for Indian policymakers ahead of the Union Budget: protect macroeconomic stability. In a volatile, multipolar global economy, she said India’s strength lies in its policy frameworks - particularly inflation targeting and fiscal discipline - which have helped anchor inflation expectations and insulate the economy from external shocks. While the Centre has maintained fiscal discipline, Gopinath flagged concerns at the state level, warning that future crises are inevitable. Building buffers today, she stressed, is critical to supporting growth tomorrow. Her message is simple but powerful: stability is not optional - it is the foundation for confidence, resilience, and sustained economic progress in 2026 and beyond. SPONSORS: State Partner: Andhra Pradesh India's Sunrise State Exchange Partner: NSE India Knowledge Partner: Primus Partners Hospitality Partner: Optimax Aces Luxury Partners: Rasasi Imtiyaz Group
At Davos 2026, Professor at Harvard University, USA Gita Gopinath struck a careful balance on Artificial Intelligence—strongly backing its transformative power while sounding a note of caution on valuations. She said AI is the most powerful technological shift of our lifetimes, capable of lifting productivity and long-term growth. But Gopinath warned that the investment frenzy around AI firms may be running ahead of sustainable profits. With intense global competition, rapidly evolving models, and unclear business models, she questioned whether current valuations can justify massive capital spending. Drawing parallels to past tech cycles, her message was clear: AI is real and here to stay—but markets may be underestimating the risks of a correction. SPONSORS: State Partner: Andhra Pradesh India's Sunrise State Exchange Partner: NSE India Knowledge Partner: Primus Partners Hospitality Partner: Optimax Aces Luxury Partners: Rasasi Imtiyaz Group
At Davos 2026, Harvard Professor and former IMF Chief Economist Gita Gopinath offered a sober assessment of the global economy, warning that recent resilience may be masking deeper structural risks. While IMF growth projections have largely held so far, she cautioned that policy uncertainty, tariffs, and geopolitical shifts are slowly eroding economic potential -often without immediate impact on headline GDP numbers. Drawing parallels with Brexit, Gopinath explained how damage to investment and living standards can emerge gradually. She also noted that AI-driven investment, stock market wealth effects, and fiscal stimulus have temporarily offset tariff headwinds. Her message: today’s growth may reflect powerful tailwinds, but underlying pressures remain - and cracks could emerge over time. SPONSORS: State Partner: Andhra Pradesh India's Sunrise State Exchange Partner: NSE India Knowledge Partner: Primus Partners Hospitality Partner: Optimax Aces Luxury Partners: Rasasi Imtiyaz Group
Speaking at Davos 2026, Harvard Professor and former IMF Chief Economist Gita Gopinath warned that the global economy is entering a phase of heightened uncertainty and volatility. With markets swinging sharply, currencies under pressure - including the rupee - and geopolitical tensions resurfacing, she said 2026 will likely see more turbulence than the previous year. While she had expected tariff pressures to peak, fresh political shocks and unexpected ruptures in U.S. - EU relations have added new risks. Gopinath cautioned that markets will continue to rise and fall sharply as uncertainty plays out, driven by trade tensions, inflation concerns, and global politics. Her message is clear: volatility is no longer episodic—it is becoming the new normal for economies worldwide. SPONSORS: State Partner: Andhra Pradesh India's Sunrise State Exchange Partner: NSE India Knowledge Partner: Primus Partners Hospitality Partner: Optimax Aces Luxury Partners: Rasasi Imtiyaz Group
At BT Davos 2026, Gita Gopinath, Gregory and Ania Coffey Professor of Economics, Harvard University, joins Rajdeep Sardesai, Consulting Editor, India Today TV, in an exclusive conversation on the global economic outlook. As the key guest, Gopinath shares insights on slowing global growth, inflation risks, monetary policy challenges, and the impact of geopolitical tensions on trade and capital flows. She discusses implications for emerging markets like India, the resilience of the global financial system, and what policymakers must prioritise to navigate uncertainty, sustain growth, and manage macroeconomic stability in a rapidly changing world.
WEF Davos 2026: Tariffs could knock off 0.7 percentage points from India's growth, warns Gita Gopinath
The economists, in a working paper, state that the actual tariff rate was only about half as large as the statutory rate
India is gaining credibility on the global stage due to the Union government’s efforts to stick to fiscal targets, says Gita Gopinath





