India and China are both future powers. You cant deny this simple fact. For example India has strong companies like Arcelor Mittal and China has companies like Alibaba.Both countries are working on their defence industry. The power shift is already going from the West to the East.
If you look in the past when China became strong the region what is now Pakistan and India also became strong. I always believe that history repeats itself. I dont want to go off topic, but just like Turkey is growing stronger with a growing economy and young population and has a growing influence (soft power) in the Balkans, Middle-East and Turkic world.
While the West is aging the East is rising. The East will take more and more influence in the world.