Challenge and Strategy: Rethinking India's Foreign Policy examines India's foreign policy options in order to ensure that the country retains its space for manoeuvre, to follow an independent foreign policy in the 21st century global scenario.

India Rising?

India rising?

The rest of the world clearly thinks that India will be one of the leading players in the world a few decades from now. Five years ago, in October 2003, the ‘BRICs Report’ of Goldman Sachs, the world's leading investment banking, securities and investment management firm, had created waves when it forecast the growing importance of the economies of Brazil, Russia, India and China in the coming decades. One of its conclusions was that in the long term India is a potentially greater growth story than China. The argument was that its favourable demographic profile and dynamic private sector would enable India to become the world's third largest economy by 2050. In a follow-up Report in 2007, Goldman Sachs predicted that between ...

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