The article discusses how India transitioned from a socialist economy to a global power. It explores India's economic growth, factors contributing to it, and compares it to China and the USA. The researchers also analyze the impact of policy reforms, tax and tariff changes, and financial sector integration on India's development. Key findings include the importance of policy reforms, the effects of tariff changes on Indian industries, and the integration of India's money market with the global economy. The study suggests that these factors have played a significant role in propelling India towards becoming a global power in the 21st century.