#8220;economic prisoner in the international world of open exchange.” Thus, domestic sovereignty remains strong as the existence of multiple international trading partners remain. And these trading partners will remain because of the huge market for all goods and services that exists in India due to its increasingly large middle class. Hence, a high influx of foreign investment from numerous diverse investors will not lead to underdevelopment, but, on the contrary, lead to strong development of the nation’s economy.ConclusionContrary to the beliefs of the supporters of the swadeshi ideology, liberalization is not hurting India, but is, in fact, the state’s best option. The new domestic and foreign economic policies of the Rao administration, not only did strengthen, but also continues to strengthen the economy of the largest democratic nation by opening its doors to outside investment. In doing so, the global importance and international recognition of this future super power has increased. As a result, Indian relations with Europe, the U.S., and the Far East through increased interdependency, ideational similarities, and global interests in the state have begun to improve, leading to a more peaceful international environment....
