India's GDP to not reach $5 trillion before FY29: IMF data

India may only become a $5-trillion economy in FY29, data from IMF's World Economic Outlook Database suggested. As per the data, which doesn't go beyond FY28, India's nominal GDP is seen rising to $4.92 trillion in FY28. Earlier this year, Chief Economic Advisor V Anantha Nageswaran had said India would become a $5-trillion economy by FY26 or the following year.