India is past Japan. What will it need to overtake Germany?

Synopsis India has become the world’s fourth-largest economy, surpassing Japan with a nominal GDP of $4.18 trillion. This achievement stems from strong domestic demand, a young workforce, and robust economic momentum, with real GDP growth reaching 8.2 percent. The nation now targets Germany as its next economic milestone. India’s emergence as the world’s fourth-largest economy is a landmark shift in the global economic hierarchy. According to the Press Information Bureau’s recent release “2025: A Defining Year for India’s Growth”, India’s nominal GDP has reached $4.18 trillion, allowing it to overtake Japan and move into fourth place behind the United States,…