Explained in the chart: India soon to become the 4th largest world economy. What is the road ahead of No.3 Spot?

According to the International Monetary Fund (IMF) World Economic Outlook report for April 2025, India will become the fourth largest economy in the world by the end of 2025 (FY 2025-26). IMF measures the size of the economy in nominal GDP words. A few years ago, India made the United Kingdom the fifth largest, and is now on its way to reach fourth in the list of top 10 largest economies in the world.There is no meaning to become the fourth largest economy in the world – India has become the 4th largest in 11 years under the Modi government, from being the 10th largest in 2014. Its gross domestic product or GDP exceeds double this time limit. How has the Indian economy achieved this remarkable growth? Why does GDP number one per capita presents a sombre picture? And what is the next $ 5 trillion economy for India and to become the third largest road in the world?

Amazing increase in India’s number: Top 5 points

Also read Explained: Why India is well deployed to deal with Trump’s tariff and negative effects of top causesWhat is the work done for India?India has been on the improvement path in the last few years, with many major initiatives such as goods and service tax, bankruptcy and bankruptcy code, digitization, manufacturing sector continuously carry forward the paving route for economic development. Experts also say that prudent fiscal and monetary policies have provided the foundation for a stable GDP development. Sachchidanand Shukla – The Group’s Chief Economist, L&T believes that India is one of the top players in the Global Growth League table today. “This is a result of structural reforms, continuity of policy, and taking advantage of demographic and digital benefits. Major factors also include improvement such as: goods and service tax, bankruptcy and bankruptcy codes, production-linked incentives and infrastructure especially on roads, railway, energy and defense,” he explains TOI.While the bankruptcy and bankruptcy code has greatly improved the health of the banking sector in India, goods and service taxes are widely seen as the largest indirect tax reform since independence. India’s GST collection in April has a record of Rs 2.37 lakh crore!DBS Bank senior economist Radhika Rao says that India’s tendency growth has continued to gain traction, has strengthened by catalysts such as investment in physical infrastructure, emphasis on improving human capital, productivity profit to beneficiaries, productivity benefits, productivity benefits, productivity benefits, productivity benefits to beneficiaries, productivity benefits to beneficiaries, makes direct subsidy transfer to promote productivity benefits in high price-aded presence.Also read Why India Donald Trump can be a big winner of the 2.0 era if he plays his card right“Equity markets have provided corporates with development capital for investment, in addition to active participation of banks, private capital and domestic corporate debt market,” she explains TOI.PWC India’s government sector leader Ranan Banerjee said that the positive cycle of a large youth population has supported continuous consumption increase in per capita income and has further promoted consumption. “It helps and will help in the development of the Indian economy,” he explains to TOI.The growth of the leading service sector leading for large employment in the ITES sector has put forward development due to the increase in moderate income families. The sorring pictureIndia can become the fourth largest in the world this year, but with the world’s most population, its per capita GDP is low.In fact, India does not rank even in the top 100 countries even when it comes to GDP per person, not even in purchasing power equity or PPP rankings.A large population (1.4 billion) GDP dilutes the benefit of double. Sachidanand Shukla says, in addition, informal employment (~ 90% workforce) and low female workforce partnership (26% vs. global 47%) range per capita profit.Nevertheless, per capita income has doubled in the last 10 years. “It is maintaining coordination with overall GDP growth as the population growth is slowing down with fertility rate that is getting closer to the replacement rate of 2.2. However, there are regional inequalities due to the pace of economic growth along with population growth rate, ”says Ranan Banerjee.Road ahead: more improvement, improvement, improvementIndia will realize its dream of becoming an $ 5 trillion economy in 2027 and was the third largest in the world in 2028. But to be on the path of stable and constant economic development, experts emphasize the need for continuous improvements.PWC’s Ranon Banerjee advocates reforms that enable trade without fear by reducing regulatory compliance with the application of technology to support private enterprise. “There should be a way to carry forward these changes in special business enclaves to allow progressive labor reforms for greater acceptance of changes. An inconsistent investment in skilling will be important to create employment to youth as it will lay the foundation for social stability and prosperity,” Ramon Banerjee.Also read India has the 7th largest gold reserves in the world! Why is RBI buying gold and how does it help the Indian economy?He said, “Investing in infrastructure to enable exports through general features for quality output by MSME and reduce logistics costs and increase withdrawal capabilities will continue to invest in infrastructure.”L&T KK Shukla says, “India will need to move forward with judicial administrative and police reforms, as well as deep agricultural reforms, labor reforms, education and skilling,” they say.Radhika Rao of DBS Bank needs to focus on employment generation. “The wheels of the structural engine will be stained with oil by placing the agenda of growth and improvement. The quality of development is also likely to be improved as macro balances remain with a changing trade composition. To raise employment creation and promote elaborate income will be a significant purpose for administration in the rest of its tenure.”There is no doubt that India is one of the most important markets for all economies globally, including America and China. A stable political scenario at the central government level in the last 11 years with continuous reforms has increased the confidence of global investors. But to reduce the entire population for the fruit of this development, it is important to ensure employment for the youth and to ensure a strong manufacturing base for constant, stable and reliable economic development.