India has once again topped the Emerging Markets Tracker, retaining the No. 1 position for the third consecutive month in July.
\nThe latest tracker, based on data available up to 24 August 2026, compares 12 major emerging economies across growth, manufacturing activity, exports, inflation, currency movement and stock-market performance.<\/p>\n
India’s Score: 77.3<\/p>\n
And the next two:<\/p>\n
Vietnam: 73.2<\/p>\n
Malaysia: 73.1
\nIndia is clearly ahead, but the real story lies in why.<\/p>\n
##Why Is India Ranked No. 1?<\/p>\n
India’s strongest advantage is its combination of high economic growth + strong exports + healthy manufacturing activity + strong domestic market performance.
\nReal GDP Growth: 7.8%<\/p>\n
India recorded 7.8% real GDP growth, one of the strongest growth rates among the 12 economies tracked.
\nThis shows that India’s economic expansion remains significantly stronger than most emerging-market peers.<\/p>\n
##Manufacturing Still Expanding
\nPMI Manufacturing: 53.5<\/p>\n
Exports Are Another Big Strength
\nExport Growth: 19.5%<\/p>\n
Inflation Remains Under Control
\nCPI Inflation: 4.5%<\/p>\n
—–>But India Isn’t Perfect<\/p>\n
The tracker also highlights some areas where India isn’t leading.
\nExchange Rate Movement: -0.9%
\nThe Indian rupee has weakened against the US dollar on a month-on-month basis.<\/p>\n
##India vs Other Emerging Markets (SCORE)
\nIndia \u2014 77.3
\nVietnam \u2014 73.2
\nMalaysia \u2014 73.1
\nThailand \u2014 62.3
\nChina \u2014 61.6<\/p>\n
——>Stocks to Keep on the Radar
\nMANUFACTURING- !ABB \/ !L&T \/ !CUMINSIND
\nAuto- !M&M | !Maruti Suzuki | !Tata Motors | !Bajaj Auto
\nBanking- !HDFC Bank | !ICICI Bank | !SBI | !Axis Bank<\/p>\n
@@Bottom Line
\nIndia isn’t just growing fast \u2014 it is scoring well across multiple parts of the economy.<\/p>\n
With 7.8% GDP growth, 53.5 manufacturing PMI, 19.5% export growth, 4.5% inflation and 10 months of import cover, India continues to stand out among major emerging markets.<\/p>\n","protected":false},"template":"","article-category":[35],"article-tags":[],"class_list":["post-177273","article","type-article","status-publish","hentry","article-category-learn"],"acf":[],"_links":{"self":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article\/177273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article"}],"about":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/types\/article"}],"wp:attachment":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/media?parent=177273"}],"wp:term":[{"taxonomy":"article-category","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-category?post=177273"},{"taxonomy":"article-tags","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-tags?post=177273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}