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

• India has officially become the world's fourth-largest economy, surpassing Japan with a GDP of USD 4.18 trillion.
• The government projects India to overtake Germany by 2030, aiming for the third position with a projected GDP of USD 7.3 trillion.
• India remains the world's fastest-growing major economy, with real GDP expanding 8.2% in Q2 2025-26, driven by robust private consumption.
• International agencies like the World Bank, Moody's, IMF, and Fitch forecast strong growth for India in the coming years.
• Positive economic indicators include inflation below tolerance, declining unemployment, improving exports, and strong credit flows.

Why It Matters: India's economy is rapidly growing, now 4th largest globally, with strong projections for future expansion.