On Monday, India’s gross domestic product (GDP) surpassed $3.75 trillion. In 2023, leading growth indicators are projected to reach $3.75 trillion, up from $2 trillion in 2014. The office of Union Finance Minister Nirmala Sitharaman tweeted to clarify this.
India’s economy is ranked as the fifth largest in the world, according to the Finance Ministry. India’s gross domestic product (GDP) is just slightly less than the US ($26,854 billion), China’s ($19,374 billion), and Germany’s ($4,309 billion) in terms of current value.
In the meantime, rating firm Moody’s predicted on Sunday that the Indian economy would expand by 6 to 6.3% in the June quarter.
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