## Statement by IMF Deputy Managing Director Nigel Clarke at the Conclusion of His Visit to India

_IMF News, September 15, 2026_

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## Bibliographic details
- Published: September 15, 2026

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### Visit summary and logistics
- Visit dates: September 7-11, 2026.
- Statement issued: September 15, 2026.
- Press Release No.: 26/288.
- Engagement locations: New Delhi, Mumbai, and Chennai.
- Principal acknowledgements: Minister of Finance and Corporate Affairs Nirmala Sitharaman; Reserve Bank Governor Sanjay Malhotra; NITI Aayog Vice Chairman Ashok Kumar Lahiri.
- IMF media contact: PRESS OFFICER: Eva Graf. Phone: +1 202 623-7100. Email: MEDIA@IMF.org.

### Key observations and findings
- India described as "a key driver of global growth" and "the world’s fastest-growing major economy."
- India’s strengths highlighted: strong fundamentals and sound policy frameworks.
- Areas emphasized during discussions:
  - India’s economic outlook.
  - The evolving global environment and associated risks.
  - Policy priorities to support sustainable and inclusive growth.

### Macroeconomic guidance and policy priorities
- Core policy priorities stated:
  - Preserving macroeconomic stability and resilience amid heightened global uncertainty and evolving risks.
  - Maintaining nimble policies.
  - Keeping inflation in check.
  - Advancing reforms that can lift productivity, strengthen competitiveness, and sustain strong growth over the medium term.
- Multilateralism: Mr. Clarke thanked the Indian government for its continued support of multilateralism and other countries in the region.

### Private sector, technology, and inclusive growth
- Impressions of the private sector: dynamism, deep talent pool, and rapidly evolving technological and manufacturing capabilities.
- Potential growth drivers identified:
  - Innovation.
  - Digital transformation.
  - Advanced manufacturing.
  - Technology adoption.
- Policy-relevant recommendations and priorities:
  - Sustained investment in skills.
  - Responsible technology use.
  - Measures to ensure benefits of growth are widely shared and to support higher-value activities.

### IMF partnership and outlook
- Assessment: "India has the potential to power the next wave of global growth."
- Commitment: "the IMF remains a close partner in supporting the country on this journey."

*Source: Statement by IMF Deputy Managing Director Nigel Clarke at the Conclusion of His Visit to India, September 15, 2026.*

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## References

- [Nigel Clarke](https://www.imf.org/en/about/senior-officials/bios/nigel-clarke)
- [India and the IMF](http://www.imf.org/external/country/IND/index.htm)
- [Press Releases](https://www.imf.org/en/news/searchnews)
- [PRESS CENTER](http://presscenter.imf.org/)
- [https://www.imf.org/en/home](https://www.imf.org/en/home)

_Source: https://www.imf.org/en/news/articles/2026/09/15/pr26288-india-statement-imf-dmd-nigel-clarke-conclusion-his-visit-india_