# Modi says India moved from Fragile Five to fastest-growing economy

2026-08-15T03:27:16+00:00 | Politics | Indian Opinion Desk

Corroboration: 3 independent outlets

Prime Minister Narendra Modi said in his Independence Day address that India, once part of Morgan Stanley’s 2013 “Fragile Five”, has become the world’s fastest-growing major economy in 12 years. He linked the change to the efforts of 140 crore citizens and said it showed that the goal of a developed India by 2047 was achievable. The grouping included India, Brazil, Indonesia, South Africa and Turkey, then seen as vulnerable to capital outflows and external financing pressure. India Today reports that India’s economy grew 7.6% in FY2025-26, citing the World Bank. Outlets differ on India’s current ranking: India Today calls it the fifth-largest economy, while another report says it surpassed Japan to become fourth.

## Coverage

- indiatvnews.com <https://www.indiatvnews.com/news/india/india-was-once-in-fragile-five-but-now-fastest-growing-economy-after-12-years-pm-modi-2026-08-15-1051427>
- indiatoday.in <https://www.indiatoday.in/india/story/pm-modi-independence-day-speech-india-fragile-five-meaning-explained-2971704-2026-08-15?utm_source=rss>
- indiatoday.in <https://www.indiatoday.in/india/story/we-were-once-in-fragile-five-now-fastest-growing-economy-after-12-years-pm-modi-on-80th-independence-day-2971693-2026-08-15?utm_source=rss>
- odishatv.in <https://odishatv.in/national/pm-modis-bold-independence-day-declaration-no-go-areas-are-now-go-ahead-areas-12261911>
- odishatv.in <https://odishatv.in/national/independence-day-2026-pm-modi-announces-mega-nuclear-push-eyes-100-gw-by-2047-12261889>

Tags: India, Morgan Stanley, Narendra Modi, Red Fort, Viksit Bharat
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