India Becomes the World’s 4th Largest Economy, Surpasses Japan to Make History

According to NITI Aayog data, India has crossed the $4 trillion mark, ranking just behind the USA, China, and Germany in global economic size.

Read More : https://theunfilteredmanch.com/delhi-hit-by-fierce-storm-kal-baisakhi-effect-suspected/

India has achieved a major economic milestone. NITI Aayog CEO B.V.R. Subrahmanyam announced that India has surpassed Japan to become the world’s fourth-largest economy. The country’s economy has now crossed the $4 trillion mark. This achievement comes as a result of a favorable global economic environment and India’s steady growth strategy.

Only Three Countries Ahead of India

During a recent NITI Aayog meeting, referencing IMF data, it was revealed that only the United States, China, and Germany have economies larger than India. Subrahmanyam also stated that if India continues on its current growth path, it could overtake Germany within the next two to three years to become the third-largest economy. This reflects India’s rapid rise on the global stage.

Growth Amid Global Tariffs and Tensions

India reached this milestone despite challenges such as US tariffs and geopolitical tensions with neighboring countries. These issues have not slowed India’s growth. On the contrary, India has consistently outpaced many developed economies, including Japan.

Key Sectors Driving Growth

Strong performances in agriculture, hospitality, transportation, and manufacturing sectors have propelled India’s economic growth. CARE Ratings recently projected India’s GDP growth rate at 6.8% for the fourth quarter of FY 2025, with an overall growth of 6.3% expected for the year.

Japan’s Economy Faces Inflation and Tariff Pressures

While India advances, Japan is struggling with rising inflation and tariff-related pressures. In April, Japan’s inflation rate surged to 3.5%, exceeding market expectations. These factors have added to Japan’s economic difficulties.

India’s rise as the world’s fourth-largest economy proves its growing strength and resilience. With sustained efforts and strategic growth, India is set to climb even higher in global economic rankings in the near future