From being the world’s 13th-largest economy at USD 468 billion in 2000, India’s rapidly growing GDP was the world’s fifth-largest in 2024, and is projected to be the world’s third-largest by 2029 at over USD 6 trillion.
From 2000 to 2024, India’s GDP grew from USD 468 billion to USD 3.91 trillion, a growth rate of 9.2%. Over this period, India’s economy successively surpassed that of South Korea, Canada, Russia, Brazil, Italy, France and the U.K.
In 2025, India’s GDP is projected to exceed USD 4 trillion, surpassing Japan. In 2028, India could reach USD 5.58 trillion, surpassing Germany and becoming the world’s third-largest economy, driven by a significant services trade surplus, rising manufacturing capacity and a consumption base of 1.4 billion people.
By 2030, India’s GDP is projected to reach USD 6.76 trillion, behind the U.S. at USD 37.15 trillion and China at USD 25.82 trillion.
ANDAMAN PARTNERS supports international business ventures and growth. We help launch global initiatives and accelerate successful expansion across borders. If your business, operations or project requires cross-border support, contact connect@andamanpartners.com.

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