The dawn of twenty-first century coincided with an unusual phenomena in the arena of international relations and that is the emergence of China and India as global powers. The steadily rising rate of economic growth in India has recently been around 8 percent per year and there is much speculation about whether and when India may catch up with and may even surpass China’s over 10 percent growth rate. India and China understand the concept of co-existence and the growth very well. This engagement has elements of both rivalry and cooperation.

The 21st century is witnessing rapid development in various parts of East and Southeast Asia. The developing states in the region are struggling to maintain balance between their social obligations and economic reforms. It is their belief that technology could act as a catalyst for successful implementation of their development strategies. During the last few years Vietnamese government has invested significant resources in the development of its science and technology base keeping in mind the long-term interests. Space technology is one such area identified by the Vietnamese government.

In 2012, India will host two significant events. First, in the month of December, the India-ASEAN Summit will be held at New Delhi to mark the 10th anniversary of their Summit-level dialogue; and second, India and Vietnam will be celebrating 40 years of the establishment of their diplomatic relations. Both events gain salience in the broader context of the beginning of the third decade of India’s Look East Policy which has witnessed phenomenal growth over the years in bilateral and multilateral relations with the ASEAN countries.

The latest Sukhoi T-50 prototype – PAK-FA – a twin-engine fifth-generation stealth jet fighter aborted a takeoff at the recently held MAKS Air Show outside Moscow on 21 August 2011 after four days of successful demo flights. While two prototypes of PAK-FA have cumulatively made 48 flights since 29 January 2010, it will be important to know the reasons of this mishap.

The Pentagon releasing annual reports on Chinese Military Power is not new. However, for all these years Pentagon’s basic mandate has been to contextualize the Chinese threat to the US interests. Interestingly, in its latest report to Congress, titled "Military and Security Developments Involving the People's Republic of China, 2010" it highlights some issues of concern for India in regards to certain Chinese military investments.

Union Home Minister, P.Chidambaram on the 15 June 2011, revealed that the Maoist/Naxalite violence has dropped by over 40 percent and he credited this change to the success of the “two-pronged strategy”, a combination of development programme and police actions are being adopted by the Maoist affected provinces. He stressed that 80 policemen have been killed so far this year by Maoists as compared to 177 during this time last year. Civilian casualties too have come down to 190 from 296 in previous year.

India, today, stands at a threshold in leveraging its economic and military growth in consonant with its national security goals. This situation has not only earned a national identity but also an international status where both economy and military strength are major determinants. It’s an irony that India’s growing international status has coincided with two major international developments: One is the disintegration of the erstwhile Soviet Union and the second one is the end of the Cold War.

The Indian Navy announced plans to dispatch a flotilla of four warships to the Asia Pacific region in March-April this year. These vessels will make goodwill visits to ports in the region and also engage in joint exercises with a number of regional navies: Singaporean Navy for the exercise Simbex in South China Sea; Malabar with the US Navy and the Japanese Maritime Self Defence Force (JMSDF) off the Okinawa coast; and Indra with Russian Navy off Vladivostok.

Both India and the United States are stable democracies. From America’s standpoint, post-World War II, a new democratic regime in India was counted upon as a strategic ally for containing Soviet influence in Asia. Yet, India refused to be an ally of the US. Strongly allied with Britain through both World Wars, the United States had a policy of ambivalence towards colonial India. F.D.Roosevelt and Truman paid scant attention to the cause of Indian independence and did not press hard Churchill or Atlee, the British Premiers during World War II to give independence to India.