Greater participation in international trade, particularly increased exporting, can boost national income significantly as well as enhance a state’s power by making others depend on it, either as a buyer or provider of key desired goods and services. On the other hand, trading partners can subject an internationally engaged state to influences. Still, theory and history suggest that trade heightens efficiency and wealth production, suggesting a correlation between share of world trade and power potential. India’s small share, accounting for less than 1 percent of world trade in goods and services, has not prevented recent healthy levels of economic growth, but it does impede India’s acquisition of international power as a major importer and/or exporter.7 Nevertheless, certain Indian corporations, largely in the information and biotechnology sectors, have become global leaders. Outstandingly managed Indian information technology firms account for much of the growth in India’s foreign trade; exports grew at an 11 percent annual average from