“On May 24th, 2025, while addressing the media following the NITI Aayog meeting chaired by the PM, the CEO of the NITI Aayog had dramatically announced that while he was speaking India had crossed Japan to become the world’s third largest economy.
“Now the Canadian PM — a distinguished professional economist who has been the Governor of the Central Bank of Bank of Canada as well as of the Bank of England — says that India is the fifth largest economy in the world,” Ramesh said in a post on X.
“Perhaps, India’s first SUV — Swayam Udghoshit Vishwaguru — can update his Canadian counterpart when the two meet in a few days,” Ramesh said.
After inviting Modi to the G7 Summit, Carney said India is the fifth-largest economy and effectively, the most-populous country in the world and central to a number of supply chains and hence, it makes sense to invite the country at the summit.
Modi received the invite for the G7 Summit on Friday and has agreed to participate in it. He has attended the previous five G7 meetings too. India is not a member of the G7, which comprises the United States, the United Kingdom, Canada, Italy, France, Germany and Japan. PTI SKC RC