India’s foreign policy is evolving in response to a multipolar world, which is increasingly shaping global alliances and economic frameworks. According to Union Minister for External Affairs, Dr. S. Jaishankar, India stands to benefit significantly from this shift, as it enables the country to maintain strategic autonomy while strengthening global partnerships. Speaking at Chatham House in London, he underscored India’s stable relationship with the United States (US), growing regional cooperation through the Quadrilateral Security Dialogue (Quad), and ongoing trade discussions with key global players.

India’s Strategic Interests in a Multipolar World

A multipolar world, characterized by multiple power centers rather than a single dominant superpower, allows India to navigate international relations with greater flexibility. Dr. Jaishankar emphasized that India’s approach focuses on pragmatic diplomacy, economic engagement, and strategic autonomy.

He reiterated that India’s foreign policy is not about choosing sides but about making independent decisions that align with national interests. This perspective is evident in India’s engagement with both Western and Eastern economies, active participation in global dialogues, and balanced approach to geopolitical tensions.

India-US Relations and the Role of the Quad

Dr. Jaishankar reaffirmed that India’s relationship with the US remains strong and stable. He highlighted the Quadrilateral Security Dialogue (Quad), comprising India, the US, Australia, and Japan, as a critical platform for regional security, trade, and technology cooperation.

The Quad plays a pivotal role in:

• Strengthening Indo-Pacific security
• Enhancing supply chain resilience
• Boosting technological collaboration in AI, semiconductors, and clean energy

This strategic grouping underscores India’s growing influence in shaping regional policies while ensuring its economic and security interests are safeguarded.

India’s Position on Global Currency Shifts and BRICS

Dr. Jaishankar dismissed speculation that Brazil, Russia, India, China, and South Africa (BRICS) are attempting to challenge the dominance of the US dollar. While BRICS members continue discussions on trade settlement mechanisms, India remains committed to financial stability and a balanced approach to global currency shifts.

He emphasized that India’s goal is not to disrupt the existing financial order but to ensure more inclusive economic frameworks that support emerging markets.

Advancing Economic Ties: India’s Trade Talks with the US and UK

Trade and investment remain at the center of India’s foreign policy strategy. Dr. Jaishankar mentioned that Union Minister for Commerce and Industry, Mr. Piyush Goyal, is currently engaged in trade negotiations with the US administration to strengthen bilateral technology and economic ties.

Additionally, he expressed optimism regarding the India-United Kingdom (UK) Free Trade Agreement (FTA), despite the complexity of negotiations. The India-UK FTA is expected to:

• Enhance bilateral trade and investment
• Improve market access for Indian goods and services
• Strengthen cooperation in financial services and technology

India’s Balanced Approach to Global Conflicts

Maintaining a neutral stance on global conflicts, India continues to engage diplomatically with Russia and Ukraine. Dr. Jaishankar highlighted that India’s primary focus is on peace, dialogue, and economic stability, ensuring that its foreign policy decisions do not compromise its strategic interests.

India-China Relations: Progress Since 2024

Dr. Jaishankar noted positive developments in India-China relations, particularly since 2024. A significant milestone in bilateral ties includes the reopening of the Mount Kailash pilgrimage route, which had been restricted in previous years.

This step signals a shift towards de-escalation and improved diplomatic engagement, reinforcing India’s commitment to regional stability and cooperation.

Conclusion

India’s approach to a multipolar world is centered on strengthening global partnerships, maintaining strategic autonomy, and expanding economic ties. With stable US relations, active Quad participation, balanced global conflict diplomacy, and ongoing trade negotiations, India is strategically positioning itself as a key player in shaping the global order. As the world moves towards greater economic and geopolitical diversification, India’s foreign policy continues to reflect its commitment to growth, stability, and international collaboration.