India beats Japan to become world's 4th largest economy

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National desk:

India has overtaken Japan to emerge as the world's fourth-largest economy, and is poised to surpass Germany to become the third-largest by 2030, according to an official release.
 
The US remains the world's largest economy, followed by China.
 
"With GDP (gross domestic product) valued at $4.18 trillion, India has surpassed Japan to become the world's fourth-largest economy, and is poised to displace Germany from the third rank in the next 2.5 to 3 years with a projected GDP of $7.3 trillion by 2030," the Press Information Bureau said in the release, titled 2025: A Defining Year for India's Growth.

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