India’s name rings in the world again! Became the fourth largest economy of the world, leaving Japan behind

New Delhi: India has become the fourth largest economy of the world, leaving Japan behind. This information was shared by NITI Aayog CEO BVR Subramaniam on Saturday. After the 10th meeting of the Governing Council of NITI Aayog, he said, ‘The global and economic environment remains favorable for India and while I am speaking, we are the fourth largest economy of the world. Today we have become an economy of 4,000 billion dollars.

Only these 3 countries are ahead of India
After the meeting of NITI Aayog, CEO BVR Subramaniam, citing the data of the International Monetary Fund, has said that now the Indian economy has become bigger than Japan. India has created history by achieving this position and now only the economy of America, China and Germany is ahead of India. Subramaniam further said that if we stick to our plan, then in the next two and a half to three years, we will be the third largest economy, leaving Germany behind.

Even tariffs could not stop growth
India has achieved this position of becoming the fourth largest economy in the world at a time when there is turmoil in the world due to US tariffs. But even US President Donald Trump’s tariffs could not stop India’s growth nor did the tension with Pakistan have any effect on Indian Economic Growth. India had been the fastest growing economy in the world for a long time and now it has left Japan behind.

This is what the CEO said on tariffs and Apple iPhone
Responding to a question on the recent statement of US President Donald Trump, he said that we hope that the Apple iPhone sold in America will be manufactured in America itself, not in India or anywhere else. He further said that it is uncertain what will be the tariff going forward. Given the dynamics, we will definitely be a cheaper place to manufacture. According to Subrahmanyam, the second round of the asset monetization pipeline is being prepared and it will be announced in August.

Economy running at a fast pace
From the World Bank to the IMF and all the global agencies have acknowledged the strength of the Indian economy and have said in their recent reports that India’s GDP growth rate will remain at the top in the future as well. In such a situation, in the recent report of Careage Ratings, it has been estimated that India’s GDP growth is expected to be 6.8 percent in the fourth quarter, which will give the total growth rate of FY 2025 to 6.3 percent. The report says that strong performance in agriculture, hotels and transport as well as manufacturing sector is giving impetus to growth.

Japan’s economy stuck in tariff and inflation
While India has overtaken Japan on the one hand and achieved the title of the fourth largest economy in the world, on the other hand, Japan’s economy is already facing difficulties due to Donald Trump Tariff as well as continuous increase in inflation. According to reports, inflation in Japan has increased rapidly to 3.5% during April, which is more than the market forecast.