The Indian economy is poised to cross the $4 trillion mark in FY25-26, the nation's Chief Economic Advisor V Anantha Nageswaran said on Tuesday.
"We are the only country that has managed to achieve two years of 9%+ GDP growth rate in the last 4 years since COVID," Nageswaran stated during his address at the IVCA Green Returns Summit 2025.
India is the world's fifth-largest economy at present, behind the United States, China, Germany and Japan.
Its GDP stands at $3.9 trillion, fractionally trailing Japan, which has a GDP of $4.02 trillion.
India is set to pip both Japan and Germany and become the third-largest economy on the planet by 2030, with the South Asian powerhouse's GDP rising to $7.3 trillion from current levels, as per estimates from Forbes and UBS.