Super Power
PERIOD (at least)
If you look at the pace Indian Navy, India's Missile Programme, India's Space Programme, India's Air Force Capabilities, India's Army futuristic Plans. It is very clear that India is not pushing to be a economic power without the muscle. (like Japan).
The very fact that India prefers non alignment and independent foreign policy and likes to take its own independent decisions in world politics, requires and will necessitate that India build up power projection across the Indian ocean and beyond to protect its interests as its economic power grows.
So all those Chinese and others hoping/praying/wishing India to remain a Regional Power even though India has the economic clout ( example - like Japan) are sadly badly mistaken
and doing wishful thinking. And you dont need to think much just look at the current pace of the programmes listed above and ASK yourself from heart.. is India doing all this and is India aiming to go in regional power direction. Your heart will give you the answer.
India is aiming and has no choice other then to be a super power to safeguard its interests and independence of opinion in world politics. (from Independence you know how we Indians love our freedom to express ourselves and access any information unlike some 1.3 billion constrained people.
)
secondly no country has as much TALENT as India has. And lastly Indian students study like anything. They take studies very seriously. You have to see their hunger to succeed in their fields of education. That is the deadliest combination - BIGGEST TALENT POOL, HIGHLY INTELLIGENT FOLKS, DEEP HUNGER TO SUCCEED, GENETICALLY INCLINED TOWARDS TECHNOLOGICAL SUCCESS.
conclusion:
SUPERPOWER at least in 1990s terms and
HYPERPOWER in 2030 terms. Guess what I voted if you asked what India will be in next 20 years.