Sir,
I agree that India may become a strong economic power and be able to economically influence its trading partners to varying degree. However, it’s overall power projection and generation of influence in the key regions would still remain rather limited. Though many Indians believe that India is a regional power, yet they fail to realize the fact that its regional prowess can only be exercised against nations as small and vulnerable as Nepal, Bhutan, Sri Lanka, Maldives and Bangladesh etc. It has not been able to convincingly project its power potential against present day strong and powerful Pakistan and China and it is unlikely to happen in the future as well.
US, France, UK, China and Russia etc can project their power potential because either they do not have a powerful regional threat to counter or they have enough capability to deter a regional threat and also project their capability to take care of extra-regional threats. Pakistan at this stage does not want project its power potential beyond the region.
India cannot laterally expand its influence beyond its western borders due the existence of geo-political impediments in addition to the geographical restrictions placed by the presence of Pakistan. Expansion of its influence towards the east is impeded due to the large geographical lay of China. Therefore the only direction it could expand its influence is towards the vast expanse of sea in the south.
Alas, even this can not happen due to operation of powerful world navies in Indian Ocean. Therefore as the author says, Indian Navy is a force in being and will remain so for a very long time. This because of the fact that attention of the world is on Asia and these world powers will not leave these regions for a very very long time. In the meanwhile, Pakistan and China are going to grow past the difficulties they are facing now and Indian force potential would even diminish further.
Therefore you guys continue dreaming as this is what you do best through make believing.