The depreciation of the rupee has hindered India's promotion in the economic ranking.

       According to the "Business Standard", although India is expected to remain the world's fastest-growing major economy in the fiscal year 2025 - 2026, with its economic scale projected to reach 357.13 trillion rupees, it may be difficult to surpass Japan and become the fourth - largest economy due to the depreciation of the rupee against the US dollar. In US dollar terms, India's GDP for the current fiscal year is expected to be 4.12 trillion US dollars, while Japan's is expected to be 4.28 trillion US dollars during the same period. The rupee depreciated by 10% against the US dollar in 2025, the largest depreciation among major economies, directly reducing its economic scale in US dollar terms. (Economic and Commercial Office of the Embassy of the People's Republic of China in the Republic of India)