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Where will india be in asian century


The global geopolitical economy is undergoing a tectonic shift and the global powers like China, U.S., and Russia are responding to it. Asia is set to become the centre of the world once again after about 260 years, but India is yet to formulate a proper strategy or worldview on how India will seek to notch out a place for herself. How can we achieve our potential?
Till 1757, based on textile export, India was the richest country. But the choices we made and the colonial rule sapped the country of its wealth and left the country impoverished. The “Look East Policy” started in 1992 doesn t have much on its performance card. Towards west, India s $500 million investment in the Chabahar port is diminutive when compared with China s $46 billion investment in the China-Pakistan Economic Corridor (CPEC) ending in Gwadar. Spanning more than 65 countries, envisaging an investment of $4 trillion, having three-quarters of known energy resources, and estimated to cover two-thirds of the global population and GDP, India is the lone country in Asia not supporting the OBOR. We have made investments in Afghanistan but political instability and discussions haven t yielded much fruit. Only Bhutan is in our “sphere of influence”. Otherwise India is finding itself increasingly isolated in continental Asia. Launched in 2013, China s One Belt, One Road (OBOR) is attracting participation from Russia and the Central Asian countries. Chinese investment is also attractive to Malaysia, Europe, Myanmar, and Thailand.
Presently, there is no national perspective on the challenges, uncertainties, and opportunities from technological innovation, advancement and global forces reshaping global economy, politics, and society.
Notwithstanding U.S. President-elect Donald Trump election rhetoric, trade wars are unlikely. In individual sectors, all U.S., China and Russia have their strengths. Their relations may well get better.

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