Goa, Dec. 31 -- India has officially moved past Japan to emerge as the world's fourth-largest economy, reaching a GDP size of USD 4.18 trillion, according to a government statement outlining key economic reforms in 2025. The country is also on track to overtake Germany and secure the third position globally by 2030, with GDP projected to climb to USD 7.3 trillion.

The surge reinforces India's position as the fastest-growing major economy. Real GDP expanded by 8.2% in the second quarter of 2025-26, accelerating from 7.8% in the previous quarter and 7.4% in the final quarter of the previous fiscal year.

Officials credit consistent growth momentum and structural reforms for powering India's economic ascent. With strong performance expected...