India on track to cross $4 trillion GDP in FY26: CEA Nageswaran

India’s economy is on track to surpass the $4 trillion mark in the current financial year, Chief Economic Advisor V. Anantha Nageswaran said on Tuesday. Speaking at the IVCA Green Returns Summit 2025, he noted that the country has effectively moved past the $3.9 trillion GDP level recorded at the end of March 2025.

India currently is the fifth largest economy in the world.

Nageswaran said sustained economic growth is essential at a time when global geopolitics is in a “huge state of flux,” adding that India’s rising economic heft will be key to maintaining its global leverage.


"So, whatever we do with respect to greening the economy, energy transition, environment, dealing with climate change and climate volatility have to be aligned with our priorities, both in the near term and the medium term," he said.

The country, he added, remains acutely aware of the long-term risks of global warming for agriculture, the environment and coastal regions.

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

(With inputs from PTI)