India has risen to third place in the annual Asia Power Index, surpassing Japan due to strong post-COVID economic growth. The index, compiled by the Lowy Institute, ranks 27 countries based on their ability to shape their external environment.

The 2024 edition covers six years of data and is the most comprehensive assessment of the changing for in-depth analysis of present results. This index measures resources and influence to assess the relative power of states in Asia. It is an analytical tool that ranks countries and territories in terms of what they have, and what they do with what they have. It reached as far as west as Pakistan, and as far into the Pacific as Australia, New Zealand and the United States.

The Sydney-based Lowy Institute has put the US at the top of its Asia Power Index with a score of 81.7, followed by China (72.7), India (39.1), Japan (38.9), Australia (31.9) and Russia (31.1).

The index has cited economic growth, future potential and diplomatic influence as key factors for India’s rise. India has shown remarkable post-pandemic economic recovery, contributing to a 4.2-point rise in its economic capability.

In this assessment, comprehensive power of a country is weighted across eight measures of power: Economic Capability; Military Capability; Resilience; Future Resources; and Economic Relationships; Defense Networks; Diplomatic Influence; Cultural Influence.

Two superpowers ahead of India-the, the US and China are ranked above a score of 70+ as at 81.7 and 72.7, respectively. As Middle Powers with 10+ Scores, India has got 39.1 scores; Japan 38.9; Australia 31.9; Russia 31.1 scores. This year India has gained 2.8 points (+8% Change) in overall scores.