India surpasses Japan to become 4th largest economy
India Overtakes Japan Becomes 4th Largest Economy : Bharat has surpassed Japan to become the world’s fourth-largest economy, according to NITI Aayog CEO BVR Subrahmanyam, referencing IMF data. India is now a USD 4 trillion economy, trailing only the US, China, and Germany.
Union Minister Jitendra Singh took to X (formerly Twitter) on Sunday and wrote, “India Overtakes Japan, Becomes World’s 4th Largest Economy. A rapid stride, a giant leap …towards #ViksitBharat! Thanks PM @narendramodi for making this happen.”
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India has overtaken Japan to become the world’s fourth-largest economy, NITI Aayog Chief Executive Officer (CEO) BVR Subrahmanyam said, citing data by the International Monetary Fund at a press conference of the 10th NITI Aayog Governing Council Meeting on Viksit Rajya for Viksit Bharat 2047.
“We are the fourth largest economy as I speak. We are a USD 4 trillion economy as I speak, and this is not my data. This is IMF data. India today is larger than Japan,” said BVR Subrahmanyam.
He further stated that India may soon surpass Germany and become the third-largest economy in the world.
“It’s only the United States, China, and Germany which are larger, and if we stick to, you know, what is being planned, what is being thought through, it’s a matter of another 2, 2.5 to 3 years; we would become the third largest economy,” Subrahmanyam added.
India’s growth estimates
The April edition of the World Economic Outlook (WEO) report by the IMF mentioned that the nominal GDP for fiscal year 2026 is estimated to touch nearly $4,187.017 billion, slightly more than the GDP of Japan, projected at $4,186.431 billion, ANI reported, citing WEO.
Till 2024, India was the fifth-largest economy across the globe.
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