This is being posted a bit late but . . .
I wrote the India chapter in the NBR's (National Bureau of Asian Research) latest annual edition of Strategic Asia. The volume titled Foundations of National Power in Asia, was edited by Ashley Tellis, Alison Szalwinski and Michael Wills. It involved trying to measure national power through a complex set of quantitative and qualitatives indices that Ashley Tellis et al has originally proposed in a RAND study in the 1990s. In my chapter "India's Unrealized Power", I argued that though India was growing richer and more capable, its relative power vis-à-vis some key players such as China has actually gotten worse. India, I argued, is being held back primarily because of the inefficiency of its state structure and particularly its bureaucracy. I am somewhat pessimistic about India's future prospects, though I would expect that India would continue to grow at a reasonable pace. But India has been extremely inefficient in converting its various resources -- natural and human -- into military power.
The volume was released on November 18. Though I could not be there for the launch the audio and video of the launch is available at the NBR site.