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**India Overtakes Japan, Becomes World’s Fourth Largest Economy**

**NEW DELHI, INDIA – May 26, 2025** – India has officially surpassed Japan to become the world’s fourth-largest economy, a milestone celebrated by business leaders and government officials alike. NITI Aayog CEO BVR Subrahmanyam announced the achievement following the 10th Governing Council meeting, citing favorable geopolitical and economic conditions. According to IMF data, India’s GDP now stands at $4.19 trillion.

The news was met with enthusiastic responses from prominent business figures. Anand Mahindra, Chairperson of Mahindra and Mahindra, expressed his elation on X (formerly Twitter), recalling how the idea of surpassing Japan seemed “a distant, almost audacious dream” during his business school days. He lauded the “ambition and ingenuity of millions of Indians” across sectors, generations, and geographies as the driving force behind this success.

Harsh Goenka, Chairperson of RPG Enterprises, echoed this sentiment, tweeting, “From the land of zero to the 4th largest economy in the world! India surpasses Japan with a GDP of $4.187 trillion. A billion dreams, one unstoppable journey. Jai Hind.”

While celebrating the achievement, Mahindra urged for continued focus on increasing India’s per capita GDP and called for sustained economic reforms in areas such as governance, infrastructure, manufacturing, education, and capital access.

According to NITI Aayog’s Subrahmanyam, if India maintains its current trajectory, it is projected to become the third-largest economy within the next 2.5 to 3 years, further solidifying its position on the global stage. Currently, the United States, China, and Germany remain the top three economies, with GDPs of $30.51 trillion, $19.23 trillion, and $4.74 trillion, respectively.

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