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India overtook Japan to become the world's fourth largest economy, now only 3 countries are ahead
Indian Economy: India has overtaken Japan to become the world's fourth largest economy ($4 trillion). Only America, China and Germany are now ahead of India. If the rapid growth rate continues, India will be at the third position in the next 3 years.
India Becomes World 4th Largest Economy: There is good news for India on the economic front. The Indian economy has become the fourth largest economy in the world, leaving behind Japan. After the 10th meeting of the Governing Council of Niti Aayog, CEO BVR Subramaniam said - The global economic environment remains favorable for India and we have become the fourth largest economy in the world. Our economy has now become 4000 billion dollars (4 trillion dollars).
Now only 3 countries are ahead of India
Niti Aayog CEO BVR Subramaniam said- We have created history by defeating Japan. Now only America, China and Germany are ahead of India. He said- If we continue working at this pace, then in the next 3 years we will become the third largest economy of the world by defeating Germany.
Even tariff tension could not stop India's growth
US President Donald Trump imposed tariffs on many countries around the world. Due to tariffs, the economic growth of many countries slowed down, but it did not affect India's pace. Along with this, the effect of tension with Pakistan is also not visible on India's economy. India has been the fastest growing economy in the world for a long time.
India's GDP growth estimated to be 6.8 in the fourth quarter
The Careedge Ratings report has estimated that India's GDP growth could be 6.8 percent in the fourth quarter. After this, the total GDP growth of the financial year 2024-25 will be 6.3%. The report states that India has achieved this growth due to excellent performance in agriculture, hotel and hospitality, transport and manufacturing sectors. Let us tell you that the World Bank, IMF and other global agencies have also praised the Indian economy and predicted that its growth rate will remain excellent in the future as well.
The world's 5 largest economies
Rank |
Country |
GDP (in dollars) |
| 1 | America | $30.34 trillion |
| 2 | China | $19.53 trillion |
| 3 | Germany | $4.92 trillion |
| 4 | India | $4.39 trillion |
| 5 | Japan | $4.27 trillion |
PC:Freepik
