India's ascent towards becoming a 'Vishwaguru,' or global leader, is gaining momentum, propelled by enhanced leadership and strategic policy initiatives. This ambition is reflected in its growing influence in global economics, politics, and technology.
Economic Prowess and Global Influence
India's economic growth is a significant factor in its journey toward global leadership. The International Monetary Fund (IMF) has recognized India as a key growth engine of the world, projecting a growth of 6.2% in 2025 and 6.3% in 2026, outpacing many of its global counterparts. This robust economic performance is supported by strong macroeconomic fundamentals and strategic government initiatives. India is currently the world's fifth-largest economy and is projected to be the third largest by 2027.
The nation's commitment to multilateralism is evident in its active participation in international forums and its efforts to forge trade agreements with various countries and blocs, including Sri Lanka, Bhutan, Thailand, Singapore, Malaysia, Korea, Japan, Australia, the UAE, Mauritius, ASEAN, and EFTA. India is also negotiating trade agreements with the United States, Oman, the European Union, Peru, and Israel.
Diplomacy and Global Leadership
India's foreign policy consciously revives civilizational imagery, presenting India as a spiritual and cultural force. External Affairs Minister S. Jaishankar uses the term "vishwa mitra" to describe India's approach to foreign relations, aiming to be a "universal friend". This involves deepening relations and security links with countries like the United States while also maintaining economic relationships with nations like Russia. India's ability to maintain an independent stance and foster relationships across the geopolitical spectrum strengthens its position as a global leader.
India's growing presence is evident in various corners of the world, and its ability to avoid stirring up the same level of opposition as some other major powers enhances its influence. This was highlighted at the NXT Conclave, where global leaders discussed India's transformative journey and its growing influence on the world stage. Prime Minister Narendra Modi has strengthened India's position as a diplomatic bridge between the Global North and Global South, driving growth, connectivity, and security frameworks across continents.
Contribution to Global Order
India has been a steadfast supporter of multilateralism, contributing significantly to the implementation of the goals of the UN Charter. India's leadership has enabled comprehensive and equitable solutions to global challenges, including sustainable development, disaster risk reduction, poverty eradication, climate change, peacekeeping, anti-terrorism, anti-racism, disarmament, and human rights. India's climate actions are driven by economic, security, and developmental interests, emphasizing implementation over rhetoric. India aims for 50% of its electricity to come from non-fossil sources by 2030, with renewables now accounting for about half of the installed power capacity.
Cultural Influence and Soft Power
India's soft power extends beyond diplomacy and economics, with its culture and values gaining global recognition. Diwali, the festival of lights, has become a global event, symbolizing India's values of renewal, peace, and the victory of truth. The Indian diaspora, one of the largest in the world, plays a significant role in promoting India's culture and values, with individuals like Sundar Pichai, Satya Nadella and Rishi Sunak embodying India's global reach.
Challenges and Opportunities
While India's rise as a global leader is evident, it also faces challenges. Balancing its strategic ambitions with its determination to remain an independent actor will be crucial. Addressing domestic issues and ensuring inclusive growth will also be essential for maintaining credibility on the global stage. Despite these challenges, India is well-positioned to reclaim its ancient role as "Vishwaguru", contributing to a more just and peaceful world.
