Can India sustain its rise in the face of global slowdowns and tech layoffs

Rising tech layoffs and global market slowdowns have made many wonder if India’s growth story might falter, yet the economy shows remarkable resilience. The IT sector is cutting jobs because of AI adoption and changing business needs, but strong rural demand, active government spending, and steady foreign investment are keeping the overall momentum steady. Projections for FY26 show India will still grow at a healthy 6.2 to 6.5 percent, making it one of the fastest-growing economies in the world.

These disruptions are reshaping the job landscape, prompting companies and workers to rapidly adapt. Sectors like renewable energy, pharma, and digital services are stepping up, creating new opportunities as traditional tech hiring slows. The government’s focus on infrastructure, domestic production, and new trade links further buffers the economy from external shocks.

Worries about tech-driven job loss are real, especially for entry-level and mid-career professionals. But India’s large, youthful population, robust consumer market, and shift to high-value industries give it room to thrive despite bumps along the way. So, while caution is needed, India’s ability to pivot and innovate gives it a good chance to overcome global headwinds and sustain its economic rise.