India ranked 4th in Asia Pacific region listed on Lowy Institute Asia Pacific Power Index

India has been ranked 4th out of 25 nations in the Asia Pacific region listed on the Lowy Institute Asia Pacific Power Index. The inaugural index, compiled by Australian think tank The Lowy Institute, has pegged India as the “giant of the future”. The index measures a country’s overall power in an average of 8 parameters —economic resources, military capability, resilience, future trends, diplomatic influence, economic relationships, defense networks and cultural influence. The index is topped by United States, followed by China and Japan.