Changing Contours of India’s Economic Diplomacy

Abstract

This article explores India’s economic diplomacy since its early years of Independence, from the margins to a relative significance in the global economic hierarchy. It begins by identifying the constant, governing first principles and core objectives of India’s economic diplomacy that have remained constant over the years. The first three sections broadly embody the distinctive phases of India’s economic diplomacy, each laced with turning points, challenges and shifts entailed therein. The article ends with a concluding section that provides an analysis of India’s economic diplomacy in terms of broader trends, current challenges and the road ahead in the policy-relevant future.