Kathmandu. India has officially overtaken Japan to become the world’s fourth largest economy.
Niti Aayog CEO BVR Subrahmanyam said this at a press conference. India has achieved this because of its economic policy.
“We are the fourth largest economy,” Subramanian said, quoting data from the International Monetary Fund (IMF). We are a $4 trillion economy. Today, India is bigger than Japan. Now only America, China and Germany are bigger than India. ’
Niti Aayog CEO Subrahmanyam also claimed that India will become the world’s third largest economy in the next 2.5-3 years if it sticks to its plans and ideas.
According to the IMF’s World Economic Outlook report for April 2025, India’s GDP is estimated to reach 44.187 trillion. That’s slightly higher than Japan’s estimated GDP of $44.186 trillion.
India’s achievement is driven by strong domestic demand, favourable demographic trends and policy reforms. India’s economy is growing at 6-7 per cent annually. Japan’s economy has been hit by global trade tensions and policy changes. – Agency
