• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

Piyush Goyal Hails India’s Doubling Of GDP To $4.3 Trillion In Last 10 Years

OMMCOM NEWS by OMMCOM NEWS
March 23, 2025
in Business

New Delhi:  Commerce and Industry Minister Piyush Goyal on Sunday hailed India’s “outstanding” milestone of doubling its Gross Domestic Product (GDP) in the last 10 years with a 105 per cent leap from $2.1 trillion in 2015 to $4.3 trillion in 2025, based on the latest IMF data.

The Minister highlighted that the growth rate surpasses major global economies like the United States, China, Germany, the United Kingdom, and France.

“Global shift is real! PM Narendra Modi has led India to double its GDP in the last decade, positioning it to become the third largest economy globally soon,” Minister Goyal posted on X.

According to the IMF, India has achieved a significant economic milestone by doubling its GDP from $2.1 trillion in 2015 to $4.3 trillion in 2025 – an unprecedented growth rate among major global economies.

Inflation-adjusted data from the International Monetary Fund (IMF) shows India recorded a 77 per cent GDP growth over the decade, rising from $2.4 trillion in 2015 to $4.3 trillion in 2025. This rapid expansion has propelled India into the ranks of the world’s top five economies, positioning it to surpass Japan in 2025 and potentially overtake Germany by 2027.

Meanwhile, China posted 74 per cent GDP growth over the same period, increasing from $11.2 trillion in 2015 to $19.5 trillion in 2025. However, earlier projections that China would overtake the United States as the world’s largest economy have not materialised, with economic headwinds stemming from the pandemic and ongoing property sector challenges.

The United States retained its status as the world’s largest economy, with its GDP expanding from $23.7 trillion in 2015 to $30.3 trillion in 2025, representing a 28 per cent growth rate. Though slower than Asian economies, the US remains a dominant force in global economic stability.

Other major economies, including the UK, France, Germany, and Japan, posted moderate GDP growth, ranging from 6 per cent to 14 per cent over the decade. Despite their relatively slower expansion, these nations continue to hold significant influence in global trade and finance, the IMF said.

Brazil recorded the lowest GDP growth among the top ten economies, with only an 8 per cent increase from $2.1 trillion in 2015 to $2.3 trillion in 2025. The country’s economic struggles were exacerbated by the 2014 commodity crash.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

India Clamps Anti-Dumping Duty To Check Flood Of Cheap Chinese Goods

Next Post

‘Situation Not Like J&K’: SC Judge Urges Manipuris To Sit Together With Empathy & Fraternity To Overcome Ethnic Problem

Related Posts

Business

Set To Invest $15-20 Billion Across Businesses In Next 5 Years: Gautam Adani

June 1, 2025
Business

IndiGo Places Order For Another 30 Wide-Body A350 Aircraft With Airbus

June 1, 2025
Business

India’s GST Collections In May Surge Over 16 Pc To Rs 2.01 Lakh Crore

June 1, 2025
indigo
Business

IndiGo Signs Partnership To Expand Long-Haul Flights To Europe, UK, North America

June 1, 2025
Indian stock markets
Business

RBI MPC, PMI Data, FII Activity, Global Economic Indicators To Drive Stock Market Next Week

June 1, 2025
Business

Indian Bond Market Shines Amid Falling Inflation: Jefferies

May 31, 2025
Next Post

'Situation Not Like J&K': SC Judge Urges Manipuris To Sit Together With Empathy & Fraternity To Overcome Ethnic Problem

Gunfight Breaks Out In J&K’s Kathua District

'Accused Are Not Freed Yet': Lawyer Of Disha Salian's Father Responds To CBI's Closure Report On SSR Case

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.