'Felt Like A Dream...': Anand Mahindra, Harsh Goenka On India's Rise To 4th Largest Economy
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NITI Aayog CEO BVR Subrahmanyam on Saturday announced that India has become the fourth largest economy in the world, surpassing Japan.
Business tycoons Anand Mahindra and Harsh Goenka hailed the huge feat of India becoming the world's fourth largest economy surpassing Japan.
Expressing his happiness at the country's achievement, Mahindra and Mahindra chairperson Anand Mahindra recalled how surpassing Japan felt like a distant, almost audacious dream during his college days.
'When I was in business school, the idea of India overtaking Japan in GDP felt like a distant, almost audacious dream. Today, that milestone is no longer theoretical — we've become the world's fourth largest economy," he said in a post on X.
When I was in business school, the idea of India overtaking Japan in GDP felt like a distant, almost audacious dream. Today, that milestone is no longer theoretical — we've become the world's fourth largest economy.It's no small achievement. Japan has long been an economic… pic.twitter.com/28LgnC4Osx
— anand mahindra (@anandmahindra) May 25, 2025
'It's no small achievement. Japan has long been an economic colossus, with legendary productivity and resilience. That we've caught up is a testament to the ambition and ingenuity of millions of Indians — across sectors, generations, and geographies," he added.
However, the Mahindra group chairperson said that everyone should stay dissatisfied and strive to increase India's per capita GDP.
'But as we celebrate, we must stay dissatisfied. Because India's next leap must be in per capita GDP, not just overtaking Germany. For us to keep Rising, India needs sustained economic reforms — in governance, infrastructure, manufacturing, education, and capital access," he added.
'From the land of zero to the 4th largest economy in the world! India surpasses Japan with a GDP of $4.187 trillion," Goenka said.
From the land of zero to the 4th largest economy in the world!India surpasses Japan with a GDP of $4.187 trillion.A billion dreams, one unstoppable journey. Jai Hind. pic.twitter.com/ISpHb9QyQ6 — Harsh Goenka (@hvgoenka) May 25, 2025
'A billion dreams, one unstoppable journey. Jai Hind," he added.
The businessman also shared a picture, which showed the top 10 economies in the world.
India Becomes 4th Largest Economy
NITI Aayog CEO BVR Subrahmanyam on Saturday announced that India has become the fourth largest economy in the world, surpassing Japan.
Following the 10th Governing Council meeting of NITI Aayog, Subrahmanyam informed reporters that the current geopolitical and economic climate is favorable for India. 'As of now, we are the fourth largest economy and a USD 4 trillion economy," he stated.
Citing IMF data, Subrahmanyam said India today is larger than Japan.
Only the US, China, and Germany are currently larger than India. If we adhere to our plans and strategies, within 2.5 to 3 years, we will become the third-largest economy, said Mr. Subrahmanyam.
According to the IMF, India's GDP is currently 4.19 trillion dollars. It ranks behind the USA, China, and Germany, whose GDPs are 30.51 trillion dollars, 19.23 trillion dollars, and 4.74 trillion dollars, respectively.
First Published:
May 25, 2025, 22:11 IST
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