Munshi Saab, India might not be a big military/economic power yet I agree but we already are a soft power at least.
By soft power I mean our various agencies/industries/entities are constantly working to export the 'Brand India' throughout the world.
Perceptions count for a lot and our Bollywood/Media/Diaspora etc. do speak a lot about our soft power.
So many Pakistanis regard us as their enemy...yet...they watch our movies...their women watch our programs...their kids watch our cartoons...their youth follows our film stars.
This holds true for so many countries throughout asia including the Arab World (Bollywood is highly popular there)
THIS IS CALLED SOFT POWER.
Millions of tourists visit our country each year and with them they take back 'Brand India'
THIS IS CALLED SOFT POWER.
Military Power: We are at a stage where we can take care of our interests very firmly internally and to some reasonable extent externally as well. Our navy is already very active in countering the threat from Somali pirates. Our army has been involved in Sri Lanka with their govt.'s consent. Our Air force is also getting ready for the challenge.
Economic Power: Well this is so very obvious and hence I do not need to say much about it. In short, "We have arrived!"
So you see Munshi Saab we might not an international power yet in the true sense of the word but we are working towards it and we are on the right path and inshallah we'll get where China is in the next 10-15 years.