Home Print Issue July-Sep 2023 (Print)

July-Sep 2023 (Print)

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Fading China, Rising India

With the Chinese economic engine sputtering, there is now an opportunity for India to go past the dragon and emerge as a global power
As we reach the halfway mark of 2023, India continues to impress with its sustained growth momentum, leaving the world in awe of its potential. It is evident that India’s ascent is set to be consistent, and the future holds great promise for the nation. However, as we look ahead, India faces the crucial test of maintaining its economic prowess, traversing the geostrategic landscape, and silently revolutionising its military capabilities to face the challenges that lie ahead.

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As we reach the halfway mark of 2023, India continues to impress with its sustained growth momentum, leaving the world in awe of its potential. It is evident that India’s ascent is set to be consistent, and the future holds great promise for the nation. However, as we look ahead, India faces the crucial test of maintaining its economic prowess, traversing the geostrategic landscape, and silently revolutionising its military capabilities to face the challenges that lie ahead.

In today’s troubled times, humanity finds itself in distress. The world peace, once considered humanity’s greatest achievement, has lost its lustre due to the increasing conflicts across the globe. A significant turning point in human history has occurred with the Russia-Ukraine war, where the stakes are high. The frantic efforts by the United States to reclaim its diminished global hegemony have inadvertently given rise to a new form of colonialism. This trend is mirrored in India’s growing reliance on American technology and chip companies, forming an unequal relationship within the creation of new tech supply chains. Prime Minister Modi’s new acronym ‘The future is AI – America and India’ to showcase the technological cooperation between the US and India suggests that momentous developments are taking place. India needs to be cautious towards the emergence of an unwarranted centre-periphery dependency and be ready to set it right.

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