In a landmark economic achievement, India has officially become the world’s 4th largest economy, overtaking Japan, according to recent data shared by government officials and confirmed by the International Monetary Fund (IMF). The development comes just days after Prime Minister Narendra Modi reaffirmed India’s ambitious goal of becoming a $5 trillion economy by 2025.
Union Minister Jitendra Singh announced the milestone on social media platform X, stating: “India overtakes Japan, becomes world’s 4th largest economy: A rapid stride, a giant leap towards ViksitBharat! Thanks PM @narendramodi for making this happen.” The news has triggered celebrations and political praise across the country’s leadership, with many attributing the achievement to the Modi administration's focused reforms and global outreach.
During the recent NITI Aayog meeting, its CEO BVR Subrahmanyam addressed the media and emphasized that India has officially crossed the $4 trillion mark. “We are the fourth largest economy as I speak. We are a $4 trillion economy. The only economies ahead of us now are the United States, China, and Germany. If we stay on this trajectory, we will reach the third spot in the next 2.5 to 3 years,” he said.
The shift in India’s global ranking is being seen as a major step toward achieving the vision of “Viksit Bharat” a developed India. Subrahmanyam added that global geopolitical and economic conditions are now aligning in India’s favor, offering the country a window to rise even higher in the rankings. The IMF’s latest data confirms that India has surpassed Japan in nominal GDP, reflecting stronger growth rates, sustained domestic demand, and expanding industrial and digital sectors.
Union Agriculture Minister Shivraj Singh Chouhan also applauded the news, stating that under PM Modi’s leadership, India has moved rapidly from the 11th position to 5th, and now 4th in just a few years. He added that India’s path toward becoming the third-largest economy is “inevitable” and part of a larger transformation that will eventually see the country take the top spot globally.
India was the 5th largest economy until 2024, and this new status reinforces its growing influence in the global economic order. Economists believe that with continued policy support, infrastructure development, and focus on technology and innovation, India is well positioned to sustain its growth momentum. As India continues to attract foreign investment and expands its digital infrastructure and manufacturing base under initiatives like “Make in India,” the road to becoming the third and eventually the largest economy seems increasingly achievable. The achievement not only boosts national pride but also signals to the world that India is firmly on the path to economic leadership in the 21st century.
