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India 4th Largest Economy: Despite India’s phenomenal progress in terms of GDP size (nominal), its per capita ranking is abysmal at 144th globally.
Anand Mahindra expresses his thoughts as India becomes 4th largest economy in the world.
India Economy: Anand Mahindra, the chairman of the Mahindra Group, on his X post stressed that India’s next leap should focus on improving per capita GDP, not just surpassing Germany’s overall GDP. According to Mahindra, for India to continue rising, the country needs sustained economic reforms in key areas such as governance, infrastructure, manufacturing, education, and capital access.
Mahindra expressed his thoughts on X regarding India’s economic progress as the country surpassed Japan to become the 4th largest economy in the world. According to IMF, India’s GDP now stood at $4.187 trillion, while Japan’s is at $4.186.
Ambitious Dream Of India
Reflecting on his time in business school, Mahindra reminisced about the ambitious dream of India surpassing Japan in GDP. He noted that this milestone, once considered distant and audacious, has now become a reality as India has emerged as the world’s fourth-largest economy.
Mahindra emphasized the significance of this achievement, pointing out that Japan has long been an economic powerhouse known for its legendary productivity and resilience. He acknowledged that India catching up is a remarkable testament to the ambition and ingenuity of millions of Indians across various sectors, generations, and geographies.
However, Mahindra urged the nation to maintain a sense of dissatisfaction even as it celebrates this success.
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
Three Countries Ahead Of India In GDP
India is now behind only three countries in terms of GDP size: USA ($30.51 trillion), China ($19.23 trillion) and Germany ($4.74 trillion). UK is at the fifth position now with a GDP of $3.38 trillion.
USA’s GDP is 7 times of India’s as of now.
India At 144 In GDP Per Capita
Despite India’s phenomenal progress in terms of GDP size (nominal), its per capita ranking is abysmal at 144th globally. According to IMF, it is $2,850-2,900, which is far less than some of smaller countries.
The top three countries in terms of per capita is Luxembourg ($141,080), Switzerland ($111,716) and Ireland ($107,243).
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