India has firmly retained its position as the fourth-largest economy in the world in 2025, with a nominal Gross Domestic Product (GDP) estimated at $4.39 trillion, surpassing Japan’s GDP of $4.18 trillion. This significant milestone highlights the country's steady rise in the global economic hierarchy.

Key Highlights:

• India’s economic ascent is driven by strong domestic consumption, a growing middle class, and continuous growth in key sectors such as IT, services, manufacturing, and agriculture.
• According to the International Monetary Fund (IMF), India is projected to be the fastest-growing major economy in the world, with an expected growth rate of 6.2% in 2025 and 6.3% in 2026.
• India is now ahead of Japan and is steadily narrowing the gap with Germany, currently the third-largest economy. Economists anticipate that India could soon claim the third spot globally.
• Despite the growth, challenges such as unemployment, income inequality, and the need for structural reforms remain pressing. Sustained efforts are necessary to maintain the growth momentum.
• The Indian government envisions India as a developed nation by 2047, coinciding with 100 years of independence. Continued focus on innovation, infrastructure, and inclusive policies is key to achieving this vision.