The liberal economic policies of India unleashed in 1990s have resulted in two decades of remarkable economic growth. In addition to the impressive economic growth presence of abundant natural resources, cost-effective manpower, large number of English speakingyouth indicates the increasing important role to be played by India in global economy. Theintegration with the global economy has provided wider space for India across the globe. Atthe same time being interwoven with the global economy, interdependencies of Indianeconomy with the global economy has increased. The effects of these interdependencies precipitated well in the recent economic crisis of 2008-09. The slump demand and liquiditycrunch of the US and the EU economics curbed the economic growth of India. Thisunderscores the importance of sustainable economic growth of India through implementing policies and factors that makes India competitive in the global economy.From the increasing complex and uncertain economic cycles it is evident that the performance of a nation will depend on not losing long-term competiveness amidst short-term economic cycles. A nation that gives importance to factors conducive to productivityand successfully maintains supporting economic environment will be able to achievecompetitiveness and agility required for the changing economic paradigm. In India,competitiveness will hasten the growth process enabling India to explore the businessopportunities available in India and abroad. A competitiveness supporting businessenvironment in India will help to tackle the global downturn effectively and will act as a solidedifice to achieve inclusive and sustainable growth.This report analyses the concepts of competitiveness, building blocks of globalcompetitiveness, India’s strengths and weaknesses in providing the driving forces of competitiveness. India’s performance and future is analyzed by comparing it with some other countries of global economy.