From Growth Leader to Global Force: India Beats US in GDP Share, Govt Hails Momentum

An account named 'World of Statistics' posted on social media, quoting IMF data that India has now overtaken America in terms of contribution to global GDP growth.

Last Updated : Monday, 02 February 2026
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New Delhi: A recent report regarding India's economic growth has caught everyone's attention. An account named 'World of Statistics' posted on social media, quoting IMF data that India has now overtaken America in terms of contribution to global GDP growth. While sharing this post, Elon Musk wrote just four words – "The balance of power is changing." This small comment became so viral that discussions broke out everywhere. People are saying how big this thing is!

What was India's share mentioned in the IMF report?

According to the report, India's contribution to the world's total economic growth in 2026 is estimated to be around 17%. Whereas only 9.9% of America. Meaning India has now become a major driver of global growth. This figure shows how fast the Indian economy is growing.

How far ahead is China now?

China is still number one – its contribution is said to be around 26.6%. If we include China and India, then these two Asian countries together are driving about 43-44% of the total GDP growth of the world. It is clear that the center of economic power is now shifting towards Asia.

Why is Elon Musk increasing interest in India?

For some time now, Elon Musk seems to be very active regarding India. His companies are looking for opportunities here, he has also met PM Modi. In such a situation, his comment seems even more important – as if he himself believes that India's future is very bright.

What reaction came from the government?

Finance Minister Nirmala Sitharaman also mentioned these figures. She said that India now stands strongly among the major economies of the world. There is still a gap with China, but we are rapidly reducing that gap. She also cited Musk's post and said that the opposition should also understand how much power India has gained.

Overall, these reports and Musk's comments show that India is no longer just an emerging economy – it has become a major engine of global growth. The eyes of the world are now on India, and this is just the beginning!