India retains status as fastest-growing large economy with latest GDP growth of 7.8%: Kwatra

India's GDP growth of 7.8% in the first quarter of the 2026-27 fiscal year reaffirms the country's position as the world's fastest-growing large economy, according to Vinay Kwatra, India's Ambassador to the United States. Kwatra made the announcement at the Nasdaq stock exchange in Times Square, emphasizing India's economic and technological transformation fueled by a robust entrepreneurial ecosystem, advancing digital capabilities, and a vibrant, young workforce.

The Ambassador highlighted the significance of India's partnership with Nasdaq technology companies, noting that technology, capital, and skilled professionals are cornerstones of this collaboration. Looking ahead to the ambitious "Viksit Bharat" 2047 vision, Kwatra expressed optimism about strengthening ties with American businesses, investors, and institutions.

The opening bell ceremony at Nasdaq symbolized more than a market ritual; it represented mutual confidence and potential partnerships between India and Nasdaq companies, a sentiment Kwatra conveyed through a subsequent post on X.