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Abstract
India's emergence as a significant player in the global economy marks one of the most transformative economic narratives of the 21st century. With sustained economic growth, a vast and youthful labor force, rapid digitalization, and an expanding middle class, India has positioned itself as a key contributor to global trade, investment, and innovation. This paper explores the multifaceted role of India in the contemporary world economy, examining its economic reforms, foreign direct investment trends, trade partnerships, and participation in global institutions. It also addresses challenges such as income inequality, infrastructure deficits, and environmental sustainability. Through a critical analysis of recent policy initiatives like "Make in India," "Digital India," and Atmanirbhar Bharat (Self-Reliant India), the study assesses how India is shaping its economic future and redefining its role in the evolving global order. The paper concludes by emphasizing India's potential to not only be an engine of global growth but also a stabilizing force in a multipolar economic world.