New Delhi, March 18 -- India is expected to remain the worlds fifth largest economy in FY 2026 27, with overtaking Japan proving challenging in the near term, Chief Economic Advisor V Anantha Nageswaran told a Parliamentary panel.
According to a report tabled by the Standing Committee on Finance, Nageswaran noted that Japans economy is projected at around USD 4.4 trillion by end-2025, leaving a gap of nearly USD 500 billion with India, reported The Hindu.
He said factors such as base-year revision and exchange rate movements would influence Indias global ranking, making it difficult to become the fourth largest economy in FY27. However, he indicated that India may have a chance to overtake Japan in FY 2027 28, depending largely on yen e...
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