India has officially overtaken Japan to claim the position of the third most powerful country in Asia, according to the 2024 Asia Power Index by the Lowy Institute. The milestone comes on the back of India's robust economic growth and young population and reflects its growing stature on the global stage and international diplomacy.

India's rise in the Asia Power Index is reflective of its accomplishments in military capability and defence networks, economic capability and relationships, diplomatic and cultural influence and resilience and future resources. It is now only behind the United States and China in terms of power in Asia.

It marks the first time that India has overtaken Japan to become the third-most powerful country in Asia, with an overall score of 39.1 out of 100. India managed to increase its overall power score in 2018 and performed best in the future resources measure, only behind the US and China in that regard. India is also ranked 4th in Asia in terms of military and economic capability.