India pips Japan to become third-largest power in the Asia Power Index

This achievement is driven by India's dynamic growth, youthful population, and expanding economy, solidifying its position as a leading force in the region, as per a press release by the Ministry of Information & Broadcasting. 

One of the most significant findings in the 2024 Asia Power Index is India’s steady rise in the regional power rankings. Witnessing a gradual rise, India is looking to achieve its full potential and exercise its influence in the region.

The three factors behind India's rise are economic growth, future potential, and diplomatic influence. Further, India’s large population and economic capabilities offer it substantial promise. India’s score in cultural influence has also remained relatively strong, underpinned by its global diaspora and cultural exports, the press release adds. 

In addition, India’s role in multilateral diplomacy and security cooperation has been a point of emphasis.

"India's participation in dialogues, as well as its leadership in the Quad, has allowed it to play a significant role in regional security dynamics, albeit outside of formal military alliances. India's economic outreach, though limited, has seen incremental improvements, particularly in defense sales, such as the BrahMos missile deal with the Philippines. These developments, though small in scale, suggest that India is beginning to flex its geopolitical muscles beyond its immediate neighborhood," it added. 

Resource-Based Determinants

Influence-Based Determinants