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India, since the onset of its economic liberalization in the early 1990s, has been facing too many challenges from its external environment, and hence its foreign policies have been waxing and waning, and are often found to be much deviated from the post-Second World War era when the country was more tied to and tilted towards a particular bloc, and when the country’s economy was more ‘protected’. The world has witnessed diversity in organizations, associations and blocs, each competing with others for comparative advantages in terms of trade, commerce and political allegiances. The most distinctive aspect that is discernible as far as India is concerned is that the country has been opening up, engaging itself in various such actors without giving up its earlier ties with the older organizations such as the UNO and its organs and agencies. India has found the post-Cold War international order acquiescent to expansion of its bilateral ties with all the major powers simultaneously, and has thus pursued a strategy of ‘multi-alignment’. Following ‘defensive realist’ strategies, India attempts to gain power for self preservation. John Mearsheimer argues that international life would continue to be a brutal competition for power as it has always been. He further argues that in the absence of a world government to enforce rights, states find it impossible to trust one another, and simply striving for security drives them to seek control of their environment and thus dominance. Fareed Zakaria, in contrast, views the present international system as “a world of reduced danger as economics triumphs politics.” It is in this backdrop that the present volume throws light on India’s rise as a global power, and the likely regional and global implications, through specific focus on its relations with strategically and economically important countries in the developed and the developing worlds. In this context, the volume also deals with India’s policy of constructive engagement with