India’s Economy Shows Resilience Against Global Shocks, Says Shaktikanta Das

Reserve Bank of India Governor Shaktikanta Das highlighted India’s ability to withstand external economic shocks, citing strong domestic demand and well-calibrated economic policies as key factors behind the country’s resilience. Speaking on October 13, 2025, Das emphasised that India’s robust internal consumption, industrial activity, and government initiatives provide a buffer against global uncertainties such as rising oil prices, currency fluctuations, and international trade disruptions.

Addressing free trade agreement (FTA) negotiations, Das stressed that India’s priority is to secure fair and balanced deals that safeguard the interests of Indian businesses, consumers, and farmers. He specifically mentioned ongoing discussions with the United States and other trading partners, highlighting the importance of agreements that do not compromise domestic industries while fostering exports and economic growth.

Das noted that India’s domestic market strength is a critical factor in maintaining economic stability. The country’s consumption-driven economy, combined with proactive fiscal and monetary measures, has helped absorb shocks from external pressures in recent years. By focusing on investment-friendly policies, infrastructure development, and support for key sectors, India continues to sustain growth momentum despite global headwinds.

He further explained that the government and the RBI are committed to ensuring that trade and investment policies remain aligned with India’s broader economic goals. This approach includes promoting export competitiveness, technological adoption, and sustainability, while also maintaining macroeconomic stability.

Experts view Das’ comments as an indication that India is preparing to negotiate trade agreements that balance domestic priorities with global opportunities, reinforcing confidence among investors and businesses. The emphasis on protecting domestic interests while engaging in global trade positions India as a resilient and strategic player in international markets.

In conclusion, Shaktikanta Das underlined that India’s economic strength, policy prudence, and focus on balanced trade negotiations ensure the country can navigate external uncertainties effectively, safeguarding long-term growth and prosperity.

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