New GDP series: When will India become the fourth largest economy? CEA explains

India is the world’s fastest increasing large system - a feat it has consistently achieved for immoderate clip now. Based connected the caller GDP series, India’s system grew astatine 7.8% successful the 3rd 4th of the existent fiscal year, a marginal slowdown from 8.2% successful the erstwhile quarter, but supra statement estimates of economists.Chief Economic Advisor V. Anantha Nageswaran has expressed assurance of supra 7% GDP maturation imaginable of the economy. India is connected way to go the world’s 3rd largest system by the extremity of this decennary - 3rd lone to the US and China.At present, according to International Monetary Fund (IMF) estimates from October 2025, India is the world’s 5th largest economy.

When volition India go the 4th largest economy?

India was slated to overtake Japan to go the 4th largest system by the extremity of this fiscal year, but for present it seems that a depreciating rupee has changed that.Asked astir erstwhile India volition go the 4th largest, CEA Nageswaran said, “In FY 2026-27, based connected existent indications, our projection is for nominal GDP (growth) to beryllium astir 11%. It (economy) volition transverse the $4 trillion people comfortably successful 2026-27. The comparative ranking volition besides beryllium connected different countries' maturation rates and speech rates arsenic well.”

“We are connected people to becoming the apical 3 oregon the apical 4 largest economies successful the world.

There is nary uncertainty astir that. It volition hap successful the people of the adjacent fewer years. Our maturation complaint station covid has been astir apt 1 of the champion if not the champion successful the world, particularly among G20 economies,” Nageswaran said.Also Read | India’s GDP grows astatine 7.8% successful Q3 FY 2025-26: Top highlights from archetypal information nether caller seriesHowever, helium clarified that whether a peculiar comparative presumption is reached oregon not volition besides beryllium connected galore different factors, similar the speech rate.“In India's case, the speech complaint did not spell successful our favour successful 2025-26. That volition people person an impact. So the timing, fixed planetary uncertainty, fixed what happens to speech rates, and the maturation rates successful different countries could beryllium variable,” helium added.