India Surpasses Japan, Becomes World's 4th Largest Economy; Eyes 3rd Spot by 2030

• India's GDP reached USD 4.18 trillion, overtaking Japan as the world's fourth-largest economy.
• The nation aims to surpass Germany by 2030, targeting the third position with a projected GDP of USD 7.3 trillion.
• India remains the fastest-growing major economy, with real GDP expanding 8.2% in Q2 FY25-26, a six-quarter high.
• Growth is driven by strong domestic factors, particularly private consumption, with international agencies projecting robust growth.
• Positive indicators include low inflation, declining unemployment, improving exports, and strong credit flows.

Why It Matters: India is now the 4th largest economy, rapidly growing, and set to become 3rd by 2030.