Chief Economic Advisor Nageswaran Says Indian Economy to Surpass $4 Trillion in FY26

Speaking at the IVCA Green Returns Summit 2025, Chief Economic Advisor V Anantha Nageswaran has indicated that India’s GDP is positioned to surpass $4 trillion in the ongoing financial year (FY26), rising from about $3.9 trillion at the end of March 2025. India currently stands as the 5th largest global economy. 

He highlighted that amid shifting global geopolitics, sustained economic expansion remains essential for maintaining India’s strategic position. 

Focus on Growth Amid Global Flux 

He emphasised that economic growth supports India’s influence at a time when global conditions remain uncertain. The CEA underscored the need to integrate climate and environmental priorities with medium-term development goals. 

Nageswaran stated that India recognises the implications of climate change for agriculture, coastal regions and environmental stability. Aligning green transition measures with national priorities remains a key objective. 

Read More: S&P Projects 6.5% GDP Growth for India in FY26, Citing Tax Cuts and Strong Consumption! 

Commitment to Net Zero by 2070 

Reaffirming India’s climate targets, he noted the commitment to achieving net zero emissions by 2070. This long-term goal reflects the country’s approach to balancing growth with environmental responsibility. 

With a GDP close to $3.9 trillion, India retains its position as the 5th largest economy. The shift toward the $4 trillion mark during FY26 marks another step in its broader economic trajectory. 

Conclusion 

The projection that India will cross the $4 trillion GDP threshold in FY26 highlights ongoing economic progress. The focus on climate alignment and growth stability continues to shape policy directions. 

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