Dream of 2047 and Mission of 2030: India overtakes Japan to become the world’s fourth largest economy
economy of india Has made another historic achievement in its name. According to the latest statement issued by the government, India has achieved the status of the fourth largest economy in the world, leaving Japan behind. At present, the size of India’s economy has reached 4.18 trillion US dollars and it is estimated that by the year 2030, India will overtake Germany and reach the third position.
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With rapid economic growth, India is now not only among the world’s largest economies but also remains the world’s fastest growing major economy. Consistently better GDP figures, strong domestic demand and stable performance despite global uncertainties have further strengthened India’s economic strength.
India leaves Japan at fourth position
According to the government release, ‘With a GDP value of US$ 4.18 trillion, India has overtaken Japan to become the world’s fourth largest economy and it is estimated that with an estimated GDP of US$ 7.3 trillion by 2030, India will displace Germany from the third position and reach the third position in the next 2.5 to 3 years.’ At present, America is the largest economy in the world, while China remains in second place. India has now reached the fourth position and is all set to leave Germany behind in the next few years.
GDP growth surprises in the second quarter of 2025-26
India’s real GDP has registered a strong growth of 8.2 percent in the second quarter of 2025-26. This is much better than 7.8 percent in the first quarter and 7.4 percent in the fourth quarter of the last financial year. According to the government, this growth is the highest in six quarters, which reflects India’s economic resilience amid global trade uncertainties.
At present, America is the largest economy in the world, while China remains in second place. India has now reached the fourth position and is all set to leave Germany behind in the next few years. India’s real GDP has registered a strong growth of 8.2 percent in the second quarter of 2025-26. This is much better than 7.8 percent in the first quarter and 7.4 percent in the fourth quarter of the last financial year. According to the government, this growth is the highest in six quarters, which reflects India’s economic resilience amid global trade uncertainties.
Relief on inflation, unemployment and exports also
It was also told in the release that the inflation rate remains below the lower tolerable limit, there is a continuous decline in unemployment. Export performance continues to improve. Credit flow is strong and financial conditions remain favourable. The demand situation is stable due to strong urban consumption. It is clear from all these indicators that India’s economy is growing on a strong basis.
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