Indian economy to cross $4 trillion in FY26: Chief Economic Advisor

Chief Economic Advisor V Ananth Nageswaran on Tuesday, November 25 said the size of the Indian economy is expected to cross $4 trillion in the current financial year.

He said that with huge fluctuations in geopolitics, economic growth is a vital condition to maintain India’s position and influence in the global scheme of things.

India, currently, is the world’s fifth largest economy with a GDP of approximately $3.9 trillion.

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Speaking at the IVCA Green Returns Summit 2025, Nageswaran said the Indian economy is already poised to cross the $4 trillion mark during the current financial year, growing from $3.9 trillion at the end of March 2025.

“Therefore, whatever we do in relation to greening the economy, energy transition, environment, climate change and tackling climate instability must be in line with our priorities in both the near and medium term,” he said.

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Nageswaran said the country is well aware of the potential consequences of global warming and climate change and the agricultural environment in general and coastlines etc.

“That is why we as a country are committed to achieving net zero by 2070,” Nageswaran said.