India is projected to surpass Japan as the world’s 4th largest economy in 2025, says the IMF. It is also on track to become the 3rd largest economy by 2028, overtaking Germany. India remains the fastest-growing major economy despite global trade tensions.

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• India set to become 4th largest economy in 2025, overtaking Japan.
• Expected to overtake Germany and reach 3rd spot by 2028.
• IMF projects India’s GDP growth at 6.2% in 2025, 6.3% in 2026.
• India will be fastest-growing major economy next two years.
• Growth forecast slightly lower than January 2025 estimate.
• Revision reflects global trade tensions, rising uncertainty.
• Global economy forecasted to grow at slower 2.8% in 2025.
• Japan’s growth cut to 0.6% for 2025 due to US tariff impacts.
• India maintains strong lead over global, regional peers.
• IMF report published in April 2025 edition of World Economic Outlook.