In terms of a larger economy and higher market capitalization, india is emerging as a major participant on the world stage. This is explained by the fact that India's economy has surpassed Japan's to become the fourth largest in the world. Given that the future appears bright and promising, here is a look at India's market projection.

In terms of nominal GDP, india has surpassed japan to become the fourth-largest economy in the world, according to B.V.R. Subrahmanyam, CEO of NITI Aayog.  This significant achievement is a result of India's steady economic expansion, which has been bolstered by reforms, advantageous demographics, and geopolitical stability.
 
India's nominal GDP in 2024 was $3.94 trillion, according to the international Monetary Fund (IMF), trailing only the united states ($28.78 trillion), china ($18.53 trillion), and germany ($4.43 trillion).  

Union minister Sarbananda Sonowal emphasized the government's "Viksit Bharat" (Developed India) objective and attributed this progress to prime minister Narendra Modi's leadership since 2014.  He highlighted inclusive development and citizen participation as the main forces behind this advancement.
 
India is expected to overtake germany as the world's third-largest economy by 2026, and depending on global trends and structural reforms, it may even overtake china and japan by the early 2040s.
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G GOWTHAM

26/05/2025 01:02 PM