India and Europe in the New world order : A study

Abstract

Up until recently, India was mostly overlooked on the international political and, more importantly, economic stage. But it seems that in the past decade India has begun to craft a bright new future for itself. The author delves at the ways in which India's rising economic prominence in Asia and globally are altering the country's sense of identity and, ultimately, its political standing. The possible impact of India's foreign policy and the measures it has employed on global politics, as well as the analysis of underlying interests and motivations that inform them. Both the United States and the European Union have Strategic Partnerships with India, which indicate that they see India as a global leader despite its historical prominence in the South.
Many people believe that China and India should claim the 21st century as their own. Indian foreign policy is undergoing a period of revision as a result of globalization's effects on the country and the end of the Cold War. India's worldwide influence has grown gradually during the 1990s, when economic liberalisation led to growth rates of 6-7 percent per year. India's progress is being shaped by two factors: the political dividend it has received as the biggest democracy in the world, and its rising eco- nomic status, which is expected to lead it to emerge, together with China, as a significant economic engine of the future. “The United States and the European Union (EU) both have a Strategic Partnership with India, and both support India's rise to global prominence as the South's undisputed leader. Since this is not a static situation, we must consider the political and economic ideals endorsed by the new emerging India in the framework of global governance.