India, already the world’s fourth-largest economy, is projected to become the third-largest by 2030 with a $7.3 trillion GDP. Strong sectoral growth, softening inflation, and policy reforms are driving sustained economic momentum and global investor confidence
India will adopt FY 2022–23 as the new base year for GDP estimates, incorporating new datasets from corporate filings, LLPs, and unincorporated enterprises. The revised methodology aims to improve coverage of private companies, MSMEs, and service sector activities
