India’s Role in Changing Global World
India’s position as a major global player has been shaped by global geopolitical movement’s relentless and unpredictable nature. India’s democracy and critical role in global economy and fast growing technology has a promising future.
India is the president of the G20 where the focus is on advocating inclusive, equitable, digitally inclusive and sustainable economic growth.
India is amongst the oldest civilizations and is still the second largest in the world. India is a rapidly growing economy and therefore is of great importance to world trade relations. They aspire to be a world power and this is mainly due to their developing economy. With initiatives such as global trade and commerce, ‘Make in India’ and ‘Digital India’ innovations, India is rapidly growing in manufacturing, IT, and digital commerce. Furthermore, India’s digital innovation and payment systems also add to the global economy.
India’s role in global trade is a demonstration and commitment to global peace and stability. Peacekeeping is one of the ways to promote peace globally. Geopolitically, India is located in the Indo-pacific which is a critical area as has a trade corridor. They also have a military partnership with the USA, Japan and Australia which is called the Quad.
India’s cultural diplomacy has successfully popularized the practice of yoga, the film industry, and cinema, as well as the practice of Ayurvedic medicine. India’s cultural diplomacy achievements include the success of India’s initiative in the UN General Assembly for the International Day of Yoga.
India is for the first time fusing economic development, democracy, diplomacy, and cultural relations with the rest of the world. This combination offers the world the possibility of working towards a just and sustainable future.
