The fall of the Soviet Bloc started the process of change in global power relations. The existing two powers model was replaced by a new order. Only USA kept their dominating position. Russia was severely weakened and position of countries such as China and Brazil, as well as that of organizations such as European Union, grew stronger. India is also considered a country that can in near future become one of the countries that decide the fates of the World. This fact leads to the question whether in foreseeable future India will become a power and enter the elite group of states that dominate in international affairs. The questions is even more interesting as until recently the attention of media and scientist was concentrated on China as future power. These are the reason why analysis of all the factors that can decide the fate of international position of India is of tremendous importance.