India overtakes Japan to become the world’s fourth largest economy, says NITI Aayog CEO

India has overtaken Japan to become the world's fourth-largest economy, as confirmed by IMF data, according to NITI Aayog CEO B V R Subrahmanyam. With a USD 4 trillion economy, India trails only the US, China, and Germany. Subrahmanyam anticipates India becoming the third-largest economy in 2.5-3 years and highlighted India's competitive manufacturing advantage.