The article examines the problems of forming a new center of regional economic power headed by India. At the same time, the prerequisites, regularities and possible results of its formation are shown along with the selection of zones of economic interests of India. It is shown that the fundamental in this context is the further development of the entrepreneurial activity of Indian transnational corporations, which have already undergone the process of initial incorporation into global economic networks, are characterized by relative stability, have good indicators of credit and financial stability and significant amounts of capitalization. It was thanks to the active internationalization of Indian business that the ambitious project "North-South" became possible for implementation, which enables India to claim regional leadership. The further directions of the development of this project are defined and the possible scenarios of the transformation of India into a global leader are shown, provided that a number of internal contradictions in internal development are eliminated and the structure of the country's economic complex is adjusted. It was determined that the state-corporate partnership in India in recent years has become a key to successful internationalization of activities and under the conditions of strengthening the social responsibility of local business can become a catalyst for successful reform of the country's domestic economic complex. It was noted that Indian TNCs work mainly in high-tech sectors of the economy and form appropriate enclaves of innovative leadership, which makes it possible to help regions characterized by weak development, both inside the country and abroad. And the active offshoring business in the countries of Africa and Asia makes it possible to intensify business and export activity. Thus, a conclusion was made about the key role that Indian TNCs play in promoting the country's regional leadership and its inclusion in global communication, technological, banking, financial and credit, entrepreneurial networks. It has been established. That in recent years, India has become not just a regional leader, but quite successfully resists the Chinese project and actively advocates for a polar world, where the Indian project will have a number of advantages.