The central government announced that India has successfully overtaken Japan to become the world's fourth-largest economy with a size of $4.18 trillion, according to an official press release issued on Monday, 29 December 2025. India is set to overtake Germany and become the third-largest economy by 2030, on the backdrop of strong growth numbers. “With GDP valued at $4.18 trillion, India has surpassed Japan to become the world’s fourth-largest economy and is poised to displace Germany from the third rank in the next 2.5 to 3 years with a projected GDP of $7.3 trillion by 2030,” according to the release. What's fueling India's growth story? India's GDP growth India's real GDP grew by 8.2% in the second quarter of 2025-26, up from 7.8% in the first quarter and 7.4% in the fourth quarter of the previous fiscal year.

Source: Mint December 30, 2025 17:30 UTC