India Ranks Third in Asia Power Index, Surpassing Japan

Why in the news?

India has surpassed Japan to become the third most powerful nation in Asia, driven by significant economic growth and increased diplomatic engagements, according to the 2024 Asia Power Index.

India's Diplomatic Influence is Growing Like never Before

Details about the India Surpasses Japan in Asia Power Index:

  • Ranking Update: India has been ranked as the third most powerful nation in Asia, surpassing Japan, according to the 2024 Asia Power Index.
  • Economic Growth: Post-COVID, India’s economic capability increased by 2 points, reflecting strong economic recovery.
  • Future Resources: India excelled in future resources, scoring an increase of 2 points, indicating potential demographic advantages from its youthful population.

Diplomatic Influence on the Rise:

  • Diplomatic Engagements: In 2023, India enhanced its diplomatic activities, engaging in the sixth-highest number of dialogues with other nations in the index.
  • Geopolitical Status: This rise in diplomatic efforts has solidified India’s position as the third-largest power, showcasing its growing political influence in the region.

Overview of the Asia Power Index:

  • Scope of the Index: The Asia Power Index evaluates 27 countries and territories based on their ability to influence their external environment.
  • Geographic Coverage: The index includes nations as far west as Pakistan, north to Russia, and extends into the Pacific, covering Australia, New Zealand, and the United States.

Sources Referred:

PIB, The Hindu, Indian Express, Hindustan Times