In a strong rebuttal to those labeling India a “dead economy,” including US President Donald Trump, India has showcased robust economic performance and rising global influence. While Trump once imposed a 50% tariff on India and criticized its economy, India has proven its critics wrong. In Q1 of FY2025 (April–June), India recorded an impressive 7.8% GDP growth, exceeding the projected 6.7%, and marking a significant rise from last year’s 6.5%. The economic surge is further supported by strong international partnerships. During Prime Minister Narendra Modi’s 8th visit to Japan, India and Japan signed 13 key agreements, including a major investment pledge of 10 trillion yen (approx. $68 billion) over the next 10 years. The two countries aim to enhance cooperation in SMEs, startups, and next-gen technologies. A major highlight is Japan’s commitment to supply the advanced E10 Shinkansen bullet train for India’s high-speed rail project, expected to be operational by 2028. This strategic alignment not only bolsters India’s infrastructure but also strengthens its global standing ahead of Modi’s next diplomatic visit to China for the SCO Summit.
Janhit: India’s Economy Soars, 7.8% GDP Growth & Strategic Japan Ties Shock Critics | ABP NEWS
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