India's Economic Ascent: Set to Overtake Germany by 2027-28

• India is now the world's fourth-largest economy, surpassing Japan, with a GDP of $4.51 trillion.
• Germany, currently third with $5.33 trillion GDP, is projected to be overtaken by India by 2027-2028.
• India's over 8% growth rate significantly outpaces Germany's 1-2%, driving this rapid economic expansion.
• Despite overall GDP growth, India's per capita income ($2934 in 2026) remains much lower than Germany's (>$56,000) due to its large population.
• Becoming the third-largest economy promises increased employment, higher wages, and a stronger rupee, supported by initiatives like Make in India.

Why It Matters: India's rapid economic growth positions it to become the world's third-largest economy by 2027-28.