India will have to wait for longer to achieve the $4 trillion target. Earlier, the government had estimated that the target will be achieved by the end of the current financial year. However, the latest GDP estimates show that the nominal GDP of the country has declined from the Rs 357 lakh crore in the old series to Rs 345.5 lakh crore in the new series. At an average exchange rate of Rs 87, India’s GDP in dollar terms would fall short of $4 trillion. “Based on current projections, India is expected to cross the $4 trillion-mark comfortably in 2026-27, although relative global rankings will depend on external factors,” chief economic advisor V Anantha Nageswaran told media here on Friday.