India rises in Asia Power Index, clinches third spot after surpassing Japan

India stomped ahead of Japan and emerged as the third-largest power in the Asia Power Index, stated the Ministry of Information and Broadcasting in an official statement on Wednesday (September 25).

The ministry emphasised that this success was driven by the country's dynamic growth, its expanding economy, youthful population and solidification of its position as the region's leading force.

The shift in ranking also reflects the increasing geopolitical stature of the country.

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"In a major shift, India surpassed Japan to become the third-largest power in the Asia Power Index, reflecting its increasing geopolitical stature," the ministry announced.

India's rise gets marked on API

Australia’s Lowy Institute think tank publishes the annual Asia Power Index, which measures resources and influence for assessing the countries' relative power in Asia.

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The report takes into consideration 27 countries across the Asia-Pacific, from Pakistan to Russia to as far as the Pacific, New Zealand, Australia and the United States.

“India is rising, although a tad bit slowly. India has overtaken Japan to become the third-ranked power in Asia, but its clout remains below the potential promised by its resources,” stated the survey report.

“The Asia Power Index shows that New Delhi still has limited ability to project power and influence east of the Malacca Strait. However, the fact that its influence remains well below the level promised by its resources suggests it still has ample potential for further growth as a major power,” it added.

Ministry emphasises on India's growing influence

The ministry stated that India's gradual rise and growing influence in the region has been clearly reflected in the 2024 Asia Power Index.

"India has shown remarkable post-pandemic economic recovery, contributing to a 4.2-point rise in its Economic Capability. India's massive population and strong GDP growth reinforce its standing as the world's third-largest economy in PPP terms," the ministry stated.

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Meanwhile, commenting on the report, Union Minister for Petroleum and Natural Gas and BJP leader Hardeep Singh Puri said that this is the reflection of the visionary leadership of Prime Minister Narendra Modi.

"India's rise is no accident. This is the direct result of Prime Minister Modi's aggressive diplomatic strategy and his bold ambitions to reshape India's place in the world. Without his leadership, India would still be languishing behind, but today, we see a nation on the verge of superpower status," Puri said, as per a press release on NaMo app.

(With input from agencies)