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IMF: India to be 4th largest economy in 2027
The International Monetary Fund (IMF) expects India to become the world's largest economy after the United States and China by 2027. It is projected to rank fourth globally with a Gross Domestic Product (GDP) valued at $4.52 trillion, surpassing Japan, which is expected to fall to sixth place. This outlook comes amid strong growth in the Indian economy, forecasted at 7% in 2026 and 2027, driven by domestic demand and significant technological investments. Meanwhile, the Japanese economy is experiencing a slowdown, coupled with a weak yen and rising energy prices, which are undermining its economic performance.
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