New Delhi, March 26 -- India is on track to overtake Japan and become the world's fourth-largest economy by the third quarter of the 2024-25 financial year, according to the latest data from the International Monetary Fund (IMF).

The country's Gross Domestic Product (GDP) has more than doubled over the past decade, rising from $2.1 trillion in 2015 to an estimated $4.3 trillion in 2025.

Over the past decade, India has outpaced several major global economies in GDP growth.

While China's economy grew by 76%, the US by 66%, Germany by 44%, France by 38%, and the UK by 28%, India's expansion rate has been the highest among them.

Commerce and Industry Minister Piyush Goyal described the country's economic performance as "outstanding," noti...