Overview
- India’s GDP reached $4 trillion in FY25, propelling it past Japan into fourth place globally with 6.5% annual growth and a 7.4% expansion in the January–March quarter.
- The Reserve Bank of India is expected to cut its repo rate in June to bolster domestic demand amid sustained growth.
- G20 Sherpa Amitabh Kant projects the economy will approach $30 trillion by India’s centenary in 2047.
- With a median age of 28, India’s youthful workforce offers a lasting demographic dividend compared with aging major economies.
- Authorities plan to build 500 new cities and expand to 400 airports, while urging Indian carriers to compete internationally with wide-body aircraft.