Srinivas
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I dont think India is all that important in this century.(average)
Its China and USA.
India, maybe in the next century or later this century.
*********EDIT**********
Just my opinion... I can be totally wrong.
It was China which is nervous by the growth of India and India has the potential to beat China.
If the diplomatic relations between China and India are good then it is well for Asia. But China is using pakistan and Kashmir issue to corner India.
India should not buckle under pressure and should play its cards like relations with US, west and as well as Tibetan Card.