India, Aug. 11 -- This Independence Day feels different. In 2025, looking at the Indian Tricolor fluttering in the breeze, it is a matter of wonder at how far India has come from those uncertain decades of years ago. The "India" that is emerging today is not just a new version of any other developing economy, but is witnessing the emergence of a true superpower, one that is giving possibilities to democracies.

Thinking back, just ten years ago, some skeptics wondered if the nation would ever shake the "emerging market" designation that was seemingly stuck with the country. But the economy currently sits above $4.2 trillion and is growing at rates that would make any economist proud. While America's growth rate lies between 2-3%, we have ...