Indian Economy to Hit USD 5-Trillion Mark in FY29 as per IMF: FM

Indian economy to hit $5-trillion mark in FY29 as per IMF: Finance Minister Nirmala Sitharaman

As per the World Economic Outlook database (April 2026) published by the IMF, India’s GDP at current prices is projected to be around $5.1 trillion by 2028-29, Nirmala Sitharaman said in a written reply in the Rajya Sabha

How Close Is India To Becoming A $5 Trillion Economy? IMF Has An Answer

Citing the IMF's latest projections, Finance Minister Nirmala Sitharaman said India is on course to become a $5 trillion economy by FY29.

India to become a $5.1-trillion economy by FY29, says Nirmala Sitharaman

The government outlined a broad-based economic roadmap centred on investment, manufacturing, exports, infrastructure and innovation to sustain long-term growth momentum.

Indian economy to hit USD 5-trillion mark in FY29 as per IMF: FM

India's economic landscape is on a promising trajectory, aiming to exceed five trillion dollars by the fiscal year twenty twenty-nine. To attain this ambitious goal, the government is implementing a comprehensive growth strategy that emphasizes advancements in agriculture, manufacturing, and infrastructure. Key initiatives, including Production Linked Incentives and support for MSMEs, play an essential role in enhancing the countrys growth outlook both now and in the future.

India Set to Become USD 5-Trillion Economy in FY29: Sitharaman

Finance Minister says IMF projects India to cross the milestone by FY29, backed by reforms, infrastructure push and manufacturing-led growth.