India is poised to become the world’s fourth-largest economy in 2025, overtaking Japan, according to the International Monetary Fund’s (IMF) latest World Economic Outlook (April 2025) report. India’s nominal GDP is projected to reach $4.187 trillion, just ahead of Japan’s $4.186 trillion, marking a major milestone in its economic journey. Until 2024, India was ranked fifth globally, but strong and consistent growth is propelling it upward.
Looking ahead, India is also set to overtake Germany by 2028, becoming the third-largest economy in the world with a projected GDP of $5.58 trillion, surpassing Germany’s expected $5.25 trillion. Over the past decade, India's economy has nearly doubled in size, and it continues to grow at a robust pace of 6.5% annually. This trajectory reflects not only the country’s rising economic might but also its growing importance on the global stage.