The Indian government projects that India will displace Germany from the third rank with a projected GDP of $7.3 trillion by 2030. According to The Hindu, the Indian government states that India has surpassed Japan to become the world's fourth largest economy. As of January 29, the Indian economy was reported to be at $3.7 trillion, according to Business Today.

The Indian economy was the 10th largest economy a decade back with a GDP of $1.9 trillion, according to Business Today. The Indian economy grew at a rate of more than 7 percent in the last three years, according to the same outlet. The Indian economy is projected to grow at a rate of more than 7 percent in the coming years, according to Business Today.

Factors cited for economic growth include a robust financial sector, structural reforms, demographic dividends, and technological advancements. The characterization of the growth projection is optimistic. The assessment of future growth capacity is described as considerable potential. Identification of potential negative factors includes geopolitical conflicts remaining a risk.