India’s GDP Crosses $4 Trillion: How Does It Compare With China at the Same Stage?

India has reached a major economic milestone — its GDP has crossed the $4 trillion mark in 2024. This big achievement has sparked a fresh debate: How does India compare to China when it reached the same point? Let’s take a closer look.

India’s Fast-Growing Economy Makes Global Headlines

In recent years, India has become one of the fastest-growing major economies in the world. From IT services and startups to digital payments and exports, many sectors have helped push India’s economy forward.

Experts say India could become a $5 trillion economy by 2027, much earlier than expected. This growth has grabbed the attention of global investors, economists, and even foreign governments.

What Was China’s Per Capita Income at $4 Trillion GDP?

China’s GDP touched $4 trillion in 2008. At that time, China’s per capita income was around $3,000. The country had already built strong factories, export businesses, and big cities.

Now, in 2024, India’s per capita income is nearly $2,700. Though slightly lower than China’s at that stage, India has a big advantage — a young, digital-first population and growing tech innovation.

India vs China: Two Different Roads to Growth

• China focused on factories, exports, and building cities
• India is focusing on technology, services, and infrastructure
• China had strong government-led industrial growth
• India is seeing growth through private enterprise and digital inclusion

Though their paths are different, both aim for global economic leadership.

Why This Comparison Matters Now

India’s $4 trillion milestone is more than just a number. It shows that the country is becoming a key player in the global economy. With continued reforms, digital growth, and investment, India has the potential to go even further — and possibly follow or even reshape the path that China once walked.

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FAQs: India’s GDP and China Comparison

1. What is India’s current GDP?
India’s GDP crossed $4 trillion in 2024.

2. What was China’s per capita income at $4 trillion?
China’s per capita income was about $3,000 in 2008.

3. How does India’s per capita income compare now?
India’s current per capita income is around $2,700.

4. Will India grow as fast as China?
India is growing fast, but with a different model focused on services and digital sectors.