India emerges at the fourth spot on an index that accessed nearly 25 Asia Pacific countries and territories on their overall standing of power.

According to a report by the Lowy Institute, India has the potential to be the 'giant of the future' but needs improvement in areas like defence networks and economic relationships.&nbsp;

Each country was accessed on parameters across eight measures of power - economic resources, military capability, resilience, future trends, diplomatic influence, economic relationships, defence networks and cultural influence.&nbsp;

Russia, Australia, South Korea, Singapore, Malaysia, Indonesia, Thailand, New Zealand, Vietnam, Pakistan, Taiwan, Philippines and North Korea are ranked as "middle powers" while Bangladesh, Brunei, Myanmar, Sri Lanka, Cambodia, Mongolia, Laos and Nepal as "minor powers."&nbsp;

The study also reached far into the Pacific region to include countries like Australia and the United States in the report.&nbsp;

"Three of the world's four largest economies are in Asia, and the fourth, the United States, is a Pacific power. By 2025, two-thirds of the world's population will live in Asia, compared with just over a tenth in the West," the report noted.&nbsp;

The report suggests India scores well on cultural influence and future trends, ranking third in both. The country was also projected to become the fastest-growing economy in the region, predicted to grow 169 per cent between 2016 and 2030.&nbsp;

(With inputs from PTI)

The study also reached far into the Pacific region to include countries like Australia and the United States in the report

India emerges at the fourth spot on an index that accessed nearly 25 Asia Pacific countries and territories on their overall standing of power. According to a report by the Lowy Institute, India has the potential to be the 'giant of the future' but needs improvement in areas like defence networks and economic relationships. Each country was accessed on parameters across eight measures of power - economic resources, military capability, resilience, future trends, diplomatic influence, economic relationships, defence networks and cultural influence. Russia, Australia, South Korea, Singapore, Malaysia, Indonesia, Thailand, New Zealand, Vietnam, Pakistan, Taiwan, Philippines and North Korea are ranked as "middle powers" while Bangladesh, Brunei, Myanmar, Sri Lanka, Cambodia, Mongolia, Laos and Nepal as "minor powers." The study also reached far into the Pacific region to include countries like Australia and the United States in the report. "Three of the world's four largest economies are in Asia, and the fourth, the United States, is a Pacific power. By 2025, two-thirds of the world's population will live in Asia, compared with just over a tenth in the West," the report noted. The report suggests India scores well on cultural influence and future trends, ranking third in both. The country was also projected to become the fastest-growing economy in the region, predicted to grow 169 per cent between 2016 and 2030. (With inputs from PTI)

India 4th most 'powerful' country in Asia Pacific: Report

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India 4th most 'powerful' country in Asia Pacific: Report