How will India achieve a strategic balance vis a vis three contending powers ?

Maj Gen BK Sharma (Retd) Writes: Popular view is that the geopolitical environment demands that India must jettison it’s Non Alignment policy in favor of an interest-based multi – vector strategic engagement.

A nice article by Shri MK Naryanan , former national security advisor in Hindu that encapsulates wider geopolitical canvass that India ought to navigate balancing its national interests vis a vis three big players, the US, Russia and China. Popular view is that the geopolitical environment demands that India must jettison it’s Non Alignment  policy in favor of an interest-based multi-vector strategic engagement. What strategic direction should India take leveraging it’s pivotal status in the evolving balance of power milieu? Any views??

The link to the article:  http://m.thehindu.com/opinion/lead/mk-narayanans-views-on-indiaus-relationship-merely-a-logistics-pact/article9072600.ece