
TOKYO -- India will surpass Japan in terms of gross domestic product in 2029 to become the world's third-largest economy, the Japan Center for Economic Research says, as the urban population and tech industry drive growth in the South Asian country.
India's economy, currently about half the size of Japan's, is destined to reach roughly $10 trillion by 2035, according to JCER's latest annual Medium-Term Forecast on Asian Economies. Japan's GDP was estimated at $4.9 trillion by the World Bank in 2018.