India's transformation from being one of the "Fragile 5" countries to becoming the "5th largest economy" in the world is nothing short of remarkable. With a GDP growth rate of 8.4% in Q3 of 2023-24, India is now the fastest-growing economy globally. All of this is a testament to the clear vision and defined mission of a stable and committed government. As India's G20 Sherpa, Amitabh Kant, points out, the country is all set to become the "4th Largest economy" in the world by 2025, surpassing Japan. It's time for India, and it's time to come to India.
Kanchit Dhawan’s Post
More Relevant Posts
-
India to Overtake Japan as the World’s Fourth-Largest Economy India is poised to make history by surpassing Japan to become the fourth-largest economy globally in FY 2024-25. With its nominal GDP projected to cross $4.3 trillion, India is riding on robust domestic consumption and policy reforms that are attracting global manufacturing investments. While Japan faces economic stagnation and currency depreciation, India’s growth momentum is powered by its strong real GDP growth of 7.8% in 2023. This milestone also sets the stage for India to overtake Germany by 2027, making it the third-largest economy. This transformation reflects the resilience of India’s economic policies and its role as a key driver of global growth. Let’s celebrate this journey of economic excellence and prepare for the opportunities ahead. #IndiaEconomy #GlobalEconomy #EconomicGrowth #IndiaGrowthStory #GDPIndia
To view or add a comment, sign in
-
#India in scope: By 2027, India is projected to overtake Japan and Germany, becoming the world’s third-largest economy. Just a decade ago, India stood at ninth place globally. Recent data now places it at fifth, with a $3.4 trillion nominal GDP. Future predictions suggest India's #economy will hit $5 trillion in four years and aim for nearly $10 trillion by 2030. Exciting times ahead for India's economic growth!
To view or add a comment, sign in
-
🌍 India’s Economic Rise: From Fifth to Fourth Largest Global Economy 🌍 According to the latest IMF projections, India is on track to surpass Japan and become the world’s fourth-largest economy by FY2025. This forecast positions India as a rising economic powerhouse, driven by sustained growth and resilience. With GDP expected to reach $4.34 trillion next fiscal year, India’s momentum reinforces its pivotal role in the global economy. From overtaking the United Kingdom to now potentially surpassing Japan, India’s journey showcases the immense potential and promise within our borders. Exciting times ahead for India on the world stage! 👏👏 #IndiaGrowthStory #EconomicDevelopment #IMF #GlobalEconomy #ProudMoment
To view or add a comment, sign in
-
India is experiencing its golden age, the economy is growing at an exponential rate, supported by strong demand. But if we want to be a developed country by the next 25 years, we need to make a stronghold on the ,#globalsupplychain. And the key to do is adaptability and agility. We need to carry out #structuralreforms and #inclusivegrowth that are strongly marked by commitments towards jobs, sustainable growth, innovation, infrastructure development and rapid growth. We need to act fast, to break into the existing supply chains. The narrative around China is shifting and so are the supply chains. We must establish supply chains that are well established and connected. The saying ‘strike while the iron is hot’ holds true—now is the time to position ourselves as a competitive and reliable alternative in the global supply chain. Acing the global supply chain is a critical aspect for India, and we need to act fast and smart, as it will bolster our currency and economy. We must also refrain from participating in the #geopoliticaltensions, as they can impact our supply chains and our dream to become a developed country by 2047.
To view or add a comment, sign in
-
Very interesting. Wondering if there are indexes associated with the Indian market to get engaged in investing. I have been interested in some applications they have built for LMS as that is what I am diving into now. Interesting stuff. I spoke with friends originally from India and they stated that US's ability to bring solutions to market (capitalism) was the key differentiator, but if we lose that, there are far more well-educated resources in India than the US. Whilst your goal is bringing new technology forward through open source, mine is on turning the tide on the U.S.' poor education performance. Looking forward to how this turns out.
I’ve been in India for 36 hours and have been fully convinced that unless America dramatically reverses its current trend, India will be the most powerful and transformative nation in the world within a decade or so (yes, this time is different). How? I’ll unpack a bit: - India’s nominal GDP growth has been accelerating since the 70s from 4-6% to nearly 10% in recent years. Run the numbers and this adds > $10 trillion in GDP within a decade and moves India into the top 3 close to China (growing half as fast). - India stock market participation (grew by $1 trillion in 6 months this year) is currently 4% ~ and will be > 90% within the next 5-6 years, growing explosively fast. This can easily unlock another $100 trillion (probably way more). - Open source is NOT reflected in GDP (which is kind of a dumb measure anyway) and India has been the number one nation by far in terms of open source production globally in recent years. If this sustains and continues, we are talking about hundreds of trillions of value transformation globally. LONG INDIA! 🇮🇳 🚀
To view or add a comment, sign in
-
India is set to overtake Japan and become the world's 4th largest economy by 2025, according to the latest projections from the IMF! This marks a significant milestone in India's economic journey, showcasing its rapid growth and increasing global influence. 🔥 Here's the lowdown: India's GDP is expected to hit $4.34 trillion by 2025, surpassing Japan's projected GDP of $4.31 trillion. This shift is happening a year earlier than previously anticipated, thanks in part to the depreciation of the Japanese yen. India's economic ascent is fueled by its burgeoning population, robust domestic demand, and strategic government policies to attract foreign investment. This news not only highlights India's economic prowess but also underscores its potential to reshape global economic dynamics in the coming years. Keep an eye on India; it's on a trajectory to redefine its role on the world stage!
To view or add a comment, sign in
-
🇮🇳 India set to outshine Japan's economy by 2025 India is on track to leapfrog Japan and become the world's fourth-largest economy by 2025, thanks to significant growth and reforms, India's G20 Sherpa and former CEO of Niti Aayog Amitabh Kant predicts. Key initiatives like the Goods and Services Tax (GST) and the Insolvency and Bankruptcy Code have made a big impact, making business easier and boosting the economy. 📈 Looking ahead, India has big plans for 2047, aiming to grow into a $35 trillion economy. The focus will be on improving education and job training, supporting big companies to help smaller ones flourish, and increasing spending on research and innovation.
To view or add a comment, sign in
-
I’ve been in India for 36 hours and have been fully convinced that unless America dramatically reverses its current trend, India will be the most powerful and transformative nation in the world within a decade or so (yes, this time is different). How? I’ll unpack a bit: - India’s nominal GDP growth has been accelerating since the 70s from 4-6% to nearly 10% in recent years. Run the numbers and this adds > $10 trillion in GDP within a decade and moves India into the top 3 close to China (growing half as fast). - India stock market participation (grew by $1 trillion in 6 months this year) is currently 4% ~ and will be > 90% within the next 5-6 years, growing explosively fast. This can easily unlock another $100 trillion (probably way more). - Open source is NOT reflected in GDP (which is kind of a dumb measure anyway) and India has been the number one nation by far in terms of open source production globally in recent years. If this sustains and continues, we are talking about hundreds of trillions of value transformation globally. LONG INDIA! 🇮🇳 🚀
To view or add a comment, sign in
-
Build an sustainable future … in #INDIA 🌐 INDIA ON TRACK TO OVERTAKE CHINA IN DRIVING GLOBAL GDP GROWTH 🚀 For decades, China has been at the forefront of contributing to global GDP growth. But the tides are changing. Recent challenges, including the COVID-19 pandemic, stringent lockdowns, and the financial strain in its real estate sector, have slowed China’s economic momentum. On the flip side, India’s economy is not just bouncing back—it’s surging ahead. With robust growth rates, India is setting the stage to become the next global economic powerhouse. According to Bloomberg, India could very well overtake China to become the top contributor to global GDP growth in the next four years. 🔍 With such divergent economic paths, the question arises for investors and companies worldwide: is it time to realign investment strategies towards India, or should one maintain their stakes in the Chinese market? #GlobalEconomy #India #China #GDPGrowth #InvestmentOpportunities #EconomicDevelopment #MarketTrends Source: Bloomberg
To view or add a comment, sign in