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India Overtakes Japan to Become the World’s Fourth-Largest Economy with $4.18 Trillion GDP, Government Says

India's GDP reached $4.18 trillion, driven by strong domestic demand and 8.2% Q2 growth, positioning it to surpass Germany and become the third-largest economy by 2030.

  • According to the Indian government's economic review, India's GDP was estimated at $3.9 trillion in 2024, potentially overtaking Japan and California.
  • India's real GDP grew 8.2% in the second quarter of 2025-26, powered by resilient domestic demand despite global uncertainties, with industrial and services sectors leading the expansion.
  • The Indian government stated that with a projected GDP of $7.3 trillion by 2030, India is poised to displace Germany from the third-largest economy rank in the next two-and-a-half to three years.
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New Delhi. The Indian government assured in its year-end economic review that that country surpassed Japan as the fourth largest economy in the world, although with a much lower per capita gross domestic product (GDP).

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India is projected to surpass Germany to become the world's third-largest economic powerhouse by 2030. The government has expressed confidence that with a strong economic foundation, India's GDP will reach $7.3 trillion by 2030.

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EBNW Story broke the news in on Monday, December 29, 2025.
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