Market Update: GBS 2026: India marching towards becoming 3rd largest economy; will become world's growth engine, says PM Modi | ET NOW Global Business Summit 2026 - News – Full Analysis

Market Update: We break down the business implications, market impact, and expert insights related to Market Update: GBS 2026: India marching towards becoming 3rd largest economy; will become world’s growth engine, says PM Modi | ET NOW Global Business Summit 2026 – News – Full Analysis.

The last decade has been a period of growth for India, not only economically, but also in strengthening its democratic roots.

10 years ago, India was the 11th largest economy in the world, but today we are rapidly moving towards becoming the third largest economy in the world.

India is going to be the biggest base and center of all the major changes taking place in the world in this century. Today, India alone contributes more than 16 per cent to the global economic growth. This share will increase further in the coming years.

India is no longer just a market, but has become a ‘growth engine’ accelerating the progress of the entire world. Today, the world is moving towards a new order, and India is leading that change, PM Modi said.

The past decade was marked by disruptions — a global pandemic, tensions and wars across different parts of the world, and supply chain breakdowns. Yet, amid these challenges, it has also been a decade of unprecedented development, strengthening democracy and delivery for India, said Modi.

ET NOW Global Business Summit 2026

At a time when disruption is continuous and power is being re-distributed across technology, geopolitics, capital, and society, Times Group’s thought leadership dialogue, ET NOW Global Business Summit (GBS) 2026, set to take place on February 13 and February 14 at the Hotel Taj Palace in New Delhi, embraces the theme “A Decade of Disruption. A Century of Change”.

GBS 2026 – A Decade of Disruption. A Century of Change

This year’s edition reflects the scale, speed, and significance of transformations reshaping global economies, from technological acceleration and geopolitical realignment to sustainability imperatives and new governance models.

The GBS 2026 will evaluate a range of themes, including economic disruption, Industry 5.0, globalisation, workforce transformation, energy security and business diversification.

The Times Group’s ET NOW Global Business Summit (GBS) is not a reflection on the past; it is a platform built to shape what comes next. As Asia’s most influential global leadership forum, it convenes the architects of economies, institutions, and enterprises to script the forces that will define the century ahead.

Conceived as a space where leaders confront uncertainty before it becomes inevitability, GBS convenes the world’s most influential voices to interpret disruption, design direction, and script long-term impact.

As economies, technologies, and governance systems undergo accelerated transformation, GBS serves as a centre of global conversations, where emerging realities are debated, strategic responses are forged, and the foundations of future growth are laid.