India is now fourth largest economy, says govt. - The Hindu
India has emerged as the world’s fourth-largest economy, marking a significant milestone in its long-term growth journey. According to official government statements, the country has moved ahead of several major global economies due to consistent economic expansion, strong domestic demand, and policy-driven reforms. Key contributors include rising industrial output, improved infrastructure investment, and steady performance in services and manufacturing sectors. Government officials highlighted that India’s economic size has grown rapidly in recent years despite global challenges such as inflation, geopolitical tensions, and slowing growth in developed markets. Increased digital adoption, startup expansion, and higher capital expenditure have also supported this upward momentum. The achievement strengthens India’s global economic position and boosts investor confidence. Experts suggest that sustained reforms, job creation, and private-sector participation will be crucial for maintaining growth. With a young workforce and expanding consumer base, India is now seen as a major driver of future global economic activity.
The Key points
- India ranks fourth globally by overall economic size
- Growth driven by domestic consumption and investment
- Manufacturing and services remain key contributors
- Infrastructure spending supports long-term expansion
- Digital economy and startups fuel innovation
- India overtakes major economies in global ranking
- Government reforms boost investor confidence
- Stable macroeconomic policies aid growth
- Young population strengthens future prospects
- India positioned as a leading global economic force
Disclaimer: This preview includes title, image, and description automatically sourced from the original website (www.thehindu.com) using publicly available metadata / OG tags. All rights, including copyright and content ownership, remain with the original publisher. If you are the content owner and wish to request removal, please contact us from your official email to no_reply@newspaperhunt.com.
