India, March 7 -- The era of a few major powers shaping the global landscape through deals and compacts is over and multipolarity is here to stay, external affairs minister S Jaishankar said at the Raisina Dialogue on Friday.

Participating in a discussion on Finland President Alexander Stubb's book "The Triangle of Power", which explored the rise of the Global South and new power configurations, Jaishankar said power is distributed across several regions, preventing a handful of countries from dictating outcomes to the rest of the world.

"My sense is you're going to have a future which will be much more multipolar because no country today has hegemony over so many domains that it is an overall hegemon," he said. This is not just about t...