India will be after America and China, how much will GDP increase by 2030?

India has become the fourth largest economy in the world. India has left Japan behind. Now India’s GDP has reached 4.18 trillion dollars and by 2030 it will overtake Germany and come at third position. All this information has been given in a press release issued by the government.

According to the government, India’s GDP It is expected to reach $7.3 trillion by the end of this decade. This will make it the third largest economy in the world, behind only America and China.

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The world’s fastest growing economy

India remains the world’s fastest growing large economy. Real in the second quarter of 2025-26 GDP in 8.2% There was an increase of. Earlier in the first quarter it was 7.8% Was. At the same time, in the last quarter of 2024-25 it will be 7.4% Was.

The government said this is the highest in six quarters. This shows that India’s economy remains strong despite global trade uncertainties.

What do international agencies estimate??

The statement said that the rise is due to private consumption. It also said that many international agencies have expressed optimism about India’s future.

World Bank in 2026 6.5% While Moody’s expects India to be the fastest growing G20 Economy will be created. Moody’s estimates that in 2026 6.4% and 6.5 in 2027% There will be growth at the rate of.

international monetary fund (IMF) raised its forecast for 2025 to 6.6% and 6.2 for 2026% has done, while OECD 6.7 in 2025% and 6.2 in 2026% Growth is estimated.

S&P 6.5 in the current financial year% and next 2026-27 6.7 in% Growth is projected to reach 7.2% by 2025, and the Asian Development Bank has raised its forecast for 2025 to 7.2%.% Is done. Citing strong consumer demand, Fitch 2026-27 Increase your estimate to 7.4% Is done.

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What is the reason for this speed??

The government says that inflation is under control. Unemployment is decreasing and exports are increasing. Financial conditions remain supportive, with strong credit flows to the commercial sector and robust demand. This is strengthening urban consumption.