The government has said that India has become the world’s fourth largest economy, surpassing Japan, with an economy of US $ 4.18 trillion. It is also on the way to become the third largest economy by 2030, surpassing Germany. With consistently good growth figures, India is also the fastest growing major economy in the world. India’s real GDP has increased by 8.2 percent in the second quarter of 2025-26. It was 7.8 percent in the first quarter and 7.4 percent in the fourth quarter of the last financial year.
According to a government release detailing the reforms in 2025, India has overtaken Japan to become the world’s fourth largest economy with a GDP of US $ 4.18 trillion. It is ready to displace Germany from third place in the next 2.5 to 3 years. Its estimated GDP will be US $ 7.3 trillion by 2030.
America’s economy is the largest in the world
America is the largest economy in the world and China is in second place. The release said that the pace of growth has become even more surprising. GDP reached six-quarter high in Q2 2025-26, reflecting India’s resilience amid persistent global trade uncertainties. Domestic factors played a central role in supporting this expansion, led by strong private consumption.