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India Becomes World's Fourth Largest Economy, Overtakes Japan, says NITI Aayog CEO
- On May 25, 2025, India surpassed Japan to become the world’s fourth-largest economy, as confirmed by the head of NITI Aayog, BVR Subrahmanyam.
- This progress was attributed by Subrahmanyam to ongoing domestic policy changes and a supportive global climate during the recent session of NITI Aayog’s top decision-making body.
- India’s nominal GDP reached approximately USD 4.187 trillion, slightly ahead of Japan’s estimated USD 4.186 trillion, based on IMF data from the April 2025 World Economic Outlook.
- Subrahmanyam noted that India has recently surpassed Japan to rank as the world's fourth-largest economy and projected that, if current strategies persist, the country could advance to become the third-largest economy within the next two to three years.
- This milestone positions India as a key global manufacturing hub and suggests its economic growth will remain rapid amid evolving global conditions and ongoing asset monetisation efforts.
32 Articles
32 Articles
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India replaces Japan as world’s 4th largest economy
New Delhi: India has surpassed Japan to become the world’s fourth-largest economy and is now poised to displace Germany from the third rank in the next 2.5 to 3 years, said NITI Aayog Chief Executive Officer (CEO) B.V.R. Subrahmanyam. “We are the fourth largest economy as I speak. We are a USD 4 trillion economy as I speak, and this is not my data. This is IMF data. India today is larger than Japan,” said Subrahmanyam at a press conference of th…
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India is world's 4th largest economy overtaking Japan: Niti Aayog chief
India has surpassed Japan to become the world's fourth-largest economy, Niti Aayog CEO B V R Subrahmanyam said on Saturday. Citing IMF data, he noted that India is now a $4 trillion economy, behind only the US, China, and Germany.
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