India Advances as Fourth-Largest Economy, Poised to Become Third-Largest Soon

The Bharat Progress Report 2025-26 by the NXT Foundation highlights India's rapid economic and technological growth, marking its rise to the world's fourth-largest economy in 2025 with a nominal GDP of about $4.18 trillion. With an 8.2% growth rate, India is the fastest-growing major economy and is on track to become the third-largest globally. Key milestones include record GST collections, increased foreign direct investment, expansion of digital infrastructure like UPI and Aadhaar, and advancements in transport and renewable energy sectors.