Business

India’s GDP Doubles In 10 Years; Set To surpass Japan And Germany By 2027

India’s GDP has surged from $2.1 trillion in 2015 to an estimated $4.3 trillion in 2025, marking a 105% increase, according to inflation-adjusted data from the International Monetary Fund (IMF).

The rapid growth positions India as a global economic powerhouse.

The country is set to surpass Japan in 2025 and Germany by 2027, as per the report.

BJP leader Amit Malviya shared these findings on his social media handle on Saturday.

India’s GDP growth rate is the fastest among major economies. It significantly outpaces advanced nations.

The IMF data highlights India’s economic momentum, driven by policy reforms and strong growth.

“This extraordinary achievement is a testament to the decisive leadership of Prime Minister Narendra Modi and the relentless efforts of his government,” Malviya posted.

The Modi government’s economic policies, structural reforms, and focus on ease of doing business have propelled India’s rise. No previous government has secured such a position since independence, he added.

These initiatives are driving India’s expansion and placing it ahead of traditional global powerhouses.

The shift signals a major change in the global economic order.

Earlier this month, the IMF Executive Board praised India’s ‘prudent’ policies.

The Board stated that India’s strong economic performance allows it to adopt critical reforms for achieving advanced economy status by 2047.

For accelerated growth, the IMF stressed the need for comprehensive structural reforms.

These reforms are crucial for job creation and investment.

High-frequency indicators show an economic uptrend in the second half of 2024-25.

This momentum is expected to continue.

Despite global uncertainties, India is likely to sustain its growth lead.

The IMF and World Bank project India’s GDP growth at 6.5% and 6.7% for 2025-26.

Also Read: Renewable Energy Sector To See 18.9% Job Growth In FY25: Report

Ajaypal Choudhary

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