This Lowy Institute Paper by Mark Thirlwell assesses the emergence of India as a major new player in today's global economy.
It provides an overview of India's sustained progress with economic reform to date, examines the degree of the economy's re-engagement with the rest of the world, and describes some of the challenges that still lie ahead.
The Paper also analyses the implications of the rise of this new economic giant for the international economy and for Australia.
India: the Next Economic Giant was officially launched by the Minister for Trade, the Hon. Mark Vaile, MP, in Sydney on Friday 13 August.