PM Narendra Modi, after inaugurating projects in Bhuj on Monday, said that when he took oath as PM 11 years ago Indian economy was at 11th place globally. "Today, it's at 4th spot," he added. India, with a GDP of $4.19 trillion, surpassed Japan to become fourth-largest economy. It can become third-largest economy in 2-3 years, as per Niti Aayog.