
India is laying the groundwork for its next growth phase, focusing on governance and bottleneck reduction, termed 'Reform Express 2025'. The nation's nominal GDP surpassed $4.1 trillion, making it the fourth-largest economy, with Standard and Poor's upgrading its sovereign rating to BBB. Reforms are seen as credible due to stable leadership, encouraging private investment. Digital tools and trade agreements, including pacts with the UK and Oman, are supporting export growth, which reached $825.25 billion in 2024-25.