India has overtaken Japan as the third-largest power in the Asia-Pacific, according to the latest Asia Power Index. The report highlights India’s growing geopolitical presence, bolstered by a dynamic economy, expanding youthful population, and post-pandemic recovery. A key contributor to India’s rise is the country’s Economic Capability score, which saw a 4.2-point increase due to its strong GDP growth and substantial population, solidifying its place as the third-largest global economy in terms of purchasing power parity (PPP). Moreover, an 8.2-point boost in the Future Resources score signals India’s potential to capitalize on its youthful demographic in the coming decades.
India’s non-aligned strategic approach has allowed it to navigate global complexities effectively, securing a sixth-place ranking in diplomatic dialogues. The 2024 Asia Power Index, published by the Lowy Institute, underscores India’s emerging role as a key player in the Indo-Pacific, with immense potential for future growth. With sustained economic expansion and strategic autonomy, India is well-positioned to enhance its influence across the region in the years to come.
