India, Dec. 30 -- The year 2025 might well go down in Indian economic history alongside 1991 as a year that marks a decisive break with the past. These were both years that accelerated our intent, ambition, and execution as a nation. But, if in 1991, the initial burst of economic reform was driven by recognition of a balance of payments crisis, the 2025 reforms have been driven by understanding a balance of power opportunity. And this burst of reform, even more than those before, reflects how India's leadership at the highest level - particularly Prime Minister Narendra Modi himself - understands the way that growth is nurtured in this evolving, fragmented world.

By creating a political and geo-economic challenge, Donald Trump invited th...