India is projected to become the third-largest economy globally by the end of the decade, surpassing Germany and Japan, according to Morgan Stanley, and it is expected to overtake the U.S. by 2075. This global economic shift brings to the fore a significant potential for strengthening strategic partnerships, particularly with South Korea.

However, this prospective partnership is contingent upon a mutual understanding and practical realization of each other’s potential, coupled with strategic actions from both governments.