India is now the world's sixth largest economy, displacing France, with a Gross Domestic Product (GDP) of $2.6 trillion in 2017, according to the International Monetary Fund (IMF). The top five economies are the US, China, Japan, Germany and the UK. Further, the IMF has said that India is expected to grow at 7.4% in 2018 and 7.8% in 2019.