India faces a defining period. Its status as a global power is not only recognized but increasingly institutionalized, even as geopolitical shifts create simultaneous opportunities and challenges. India experienced rapid growth through participation in the existing multilateral order-now its development strategy makes it depen- dent on this order. With critical interests in almost every major multilateral regime and vital stakes in several emerging ones, India might have no choice but to influence the evolving multilateral order if it is to sustain its own interests.