
Recent discourse on India's foreign policy highlights a growing consensus that India is not yet a great power and must focus on industrialisation, structural reforms, and military modernisation to convert growth into geo-economic leverage. Former Singapore FM Yeo suggests a renewed Panchsheel 2.0 framework emphasizing mutual respect and peaceful coexistence amid multipolar rivalry. Both perspectives acknowledge India's complex geopolitical environment, balancing regional stability, economic challenges, and strategic partnerships.
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