India has officially surpassed Japan to become the world’s 4th largest economy
India has officially overtaken Japan to become the world's fourth-largest economy, marking a significant milestone in the country's economic journey. According to recent global financial data, India's nominal GDP has now surpassed that of Japan, reflecting strong growth in sectors like services, manufacturing, and digital technology.
This achievement highlights India's rising influence on the global economic stage and underscores its resilience despite global uncertainties. Experts attribute the growth to a combination of domestic reforms, robust consumer demand, and expanding exports. Meanwhile, Japan has faced slower growth due to demographic challenges and a prolonged period of economic stagnation.
India now stands behind only the United States, China, and Germany in terms of GDP, signaling its growing role in shaping the future of the global economy.
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