India Surpasses Japan to Become the Fourth Largest Economy Globally
India Achieves Major Economic Milestone
New Delhi. India has reached a significant milestone on the global economic stage, now ranking as the fourth largest economy with a GDP of $4.18 trillion. This achievement highlights India's robust growth, surpassing Japan and sending a strong message about its economic development. According to official statements, India has recorded impressive economic progress in the current fiscal year. The country has outpaced Japan due to a strong growth rate and stable domestic demand. The United States remains the largest economy, followed by China in second place. With this new ranking, India is expected to accelerate its growth in the coming years, especially amid various uncertainties facing the global economy.
The GDP growth has bolstered confidence, with India's real GDP growth recorded at 8.2% in the second quarter of the fiscal year 2025-26. This figure exceeds the 7.8% growth in the first quarter and the 7.4% from the fourth quarter of the previous fiscal year, marking the highest growth rate in six quarters. Strong domestic consumption, private investment, and robust demand for services have supported this economic expansion. The government asserts that despite challenges in global trade, India's internal strength is propelling its economy forward.
