Will India's Economy Continue Climbing the Global Ranks?
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Synopsis
Billionaire investor Mark Mobius highlights India's rapid rise to become one of the world's largest economies, fueled by its strong policies and visionary leadership. With a resilient economy and robust growth projections, India is on track to potentially surpass Germany and claim the third spot in global rankings soon.
Key Takeaways
- India's ascent to the fourth-largest economy is driven by robust policies and long-term vision.
- Projected GDP growth rates indicate a path toward becoming the third-largest economy.
- India's youthful population offers a competitive edge over aging counterparts.
- Despite global challenges, India's economy demonstrates remarkable resilience.
- Future projections suggest India could become the second-largest economy.
New Delhi, May 26 (NationPress) India’s ascent into the ranks of the world’s four largest economies can be attributed to its strong policies and a forward-thinking vision, stated billionaire investor Mark Mobius on Monday.
In a conversation with IANS, Mobius, who oversees the Mobius EM Opportunities Fund for Emerging Markets (EMs), expressed that he is not surprised by India’s ongoing rise in the global economic rankings.
“It’s no shock to me that India is climbing the ladder of the world’s economies. With a population of 1.4 billion, under the progressive leadership of Prime Minister Narendra Modi, there is a strong desire to reclaim its rightful position on the global stage,” Mobius mentioned.
He emphasized that the current GDP growth rates in India will facilitate its journey to becoming the third-largest economy globally in the near future.
“Despite the global uncertainties, the country is experiencing a growth rate of 6-7 percent, which clearly demonstrates the resilience of its economy. This will enable India to continue its upward trajectory,” Mobius added.
In just a few years, India has progressed from being the world’s 11th-largest economy to now holding the fourth position. By 2025, India is projected to follow the US, China, and Germany in total GDP.
Mobius also indicated that India has the potential to even surpass Germany to become the second-largest economy.
“India’s population is now significantly greater than China’s. Recent estimates suggest that China’s population may be around 800 million or lower, with a much older average age compared to India’s 1.4 billion,” he argued.
India has recently overtaken Japan to secure its status as the world’s fourth-largest economy and is on track to potentially displace Germany from the third position in the next 2.5 to 3 years, as noted by NITI Aayog Chief Executive Officer (CEO) B.V.R. Subrahmanyam.
“As I speak, we are the fourth-largest economy, valued at $4 trillion, according to IMF data. India now surpasses Japan,” stated Subrahmanyam during a press conference for the 10th NITI Aayog Governing Council Meeting.
The IMF confirmed earlier this month in the World Economic Outlook report that India is set to become the fourth-largest economy globally in 2025, with its nominal GDP projected to reach $4,187.017 billion, exceeding Japan’s GDP of $4,186.431 billion.
According to the report, India remains the fastest-growing major economy in the world, expected to achieve over 6 percent growth in the next two years.
Point of View
It is evident that India's economic journey is one of resilience and growth. As the nation continues to implement strong policies under visionary leadership, there is a palpable optimism about its potential to ascend further in global economic rankings. The outlook for India remains positive, aligning with its long-term vision for sustainable development.
NationPress
22/07/2025
Frequently Asked Questions
What are the key factors contributing to India's economic growth?
India's economic growth is attributed to strong policies, visionary leadership, and a resilient workforce, enabling it to withstand global uncertainties.
How does India's current GDP position compare to other countries?
As of now, India ranks as the fourth-largest economy globally, following the US, China, and Germany, with projections of overtaking Germany soon.
What role does population play in India's economic prospects?
India's large and youthful population provides a significant advantage, contributing to its economic growth compared to countries with aging populations.
