The Union government delivered upbeat news at the end of the year, announcing that India has become the world's fourth-largest economy, overtaking Japan. The country's GDP now stands at $4.18 trillion, up from $3.5 trillion in 2022.
India's GDP growth
India's GDP grew by 8.2 percent in the second quarter of the 2025–26 financial year. Growth stood at 7.8 percent in the first quarter of the current fiscal and 7.4 percent in the fourth quarter of 2024-25.
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At the current pace, if this momentum is sustained, India's GDP is projected to reach $7.3 trillion by 2030. By then, India is also expected to surpass Germany, according to the Centre. At present, the United States remains the world's largest economy, followed by China in second place.
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What do these figures suggest?
These figures suggest that India's economy is poised to grow even stronger in the coming years. The government has said that unemployment is declining, exports are improving, and the country is moving forward on a solid foundation of economic growth, structural reforms, and social development.
