With $4.18 trn GDP, India moves past Japan: Govt

WITH GDP VALUED at $4.18 trillion, India has surpassed Japan to become the world's fourth-largest economy and is poised to displace Germany from the third position over the next 2.5 to 3 years, with projected GDP of $7.3 trillion by 2030, the government said on Tuesday.

- FE BUREAU

India's growth outlook remains buoyant, with both global and domestic institutions upgrading their assessments for the current financial year on the back of strong economic fundamentals, the government said.

The Reserve Bank of India has revised its GDP growth projection for FY26 upward from 6.8% to 7.3%. International agencies have echoed similar optimism, the government added.