"I would invite all of you to invest in India. India's growth story will continue unfettered at a scorching pace. India would continue to lead the world economy and will continue to be the most favoured destination for investment, and manufacturing," Goyal said.

The report underlined the potential for further reductions in headline inflation, attributed to lower energy prices across several economies in the Asia-Pacific region. However, it cautioned that food price pressures, particularly concerning rice, might impede headline disinflation in India.