India Overtakes Japan to Become World’s Fourth-Largest Economy in 2025
India’s economic rise is not without challenges. Despite its GDP growth, the per capita income remains low at $2,880 in 2025, reflecting income inequality and structural hurdles. Limited female workforce participation, at just 23%, continues to hinder inclusive growth. Addressing these issues is critical as India aims to surpass Germany by 2028 to become the third-largest economy, with a projected GDP of $5.584 trillion, and targets a $5 trillion economy by 2027.