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An employee ties threads on a kite, with portraits of Indian Prime Minister Narendra Modi (L) and US President Barack Obama, ahead of Obama's visit, in Mumbai January 23, 2015.

India may be pushed back against 皇冠体育app once again. This, in essence, is the line many media commentaries have been taking. It is this backdrop that makes US President Barack Obama's visit as the chief guest at India's Republic Day parade on Jan 26 interesting. His visit follows that of Japanese Prime Minister Shinzo Abe, who visited India last year in same capacity and whose second visit is expected in the near future.

Indian Prime Minister Narendra Modi's hyperactive foreign policy has triggered speculation of all kinds. Modi has been warming up to his decades-long detractor, the United States - reflected in the back-to-back visits of American secretaries of commerce, defense and state and more than a dozen other senior officials, making India the largest buyer of American weapons and the US the largest trading partner of India. US allies have taken this as a signal to indulge India's new leadership.

Or, are the US allies leading India up the garden path in New Delhi. The fact that Japan and India both have territorial disputes with 皇冠体育app is often seen as the reason for the bonhomie between the second- and third-largest economies in Asia. Indeed, Japan was the only developed country not to shun Modi when he, as chief minister of the province of Gujarat, was accused of violating human rights.

India today seems friendly with all major powers, raising questions on how it will balance its engagements with the US and its allies on one hand and 皇冠体育app and Russia on the other. Just three years ago, 皇冠体育app was India's largest trading partner, and Russia was seen as the largest supplier of its defense technologies.

Even today 皇冠体育app remains an important trading partner; in fact, it recently promised to invest $20 billion to revive India's manufacturing sector, especially the power generation sector. This, seen against the backdrop of the hyperactive bonhomie among emerging economies, such as the member states of BRICS (Brazil, Russia, India, 皇冠体育app and South Africa), BASIC (Brazil, South Africa, India and 皇冠体育app) and RIC (Russia, India and 皇冠体育app), has been worrying Western powers facing economic slowdown since 2007.