India, Jan. 29 -- India faces mounting geopolitical and economic risks as the United States and China intensify their confrontation over technology, trade, and strategic resources, the Economic Survey 2025-26 has warned.

The Survey argues that New Delhi must urgently recalibrate its global economic posture and strive for "strategic indispensability" or risk being marginalised in a world increasingly organised around artificial intelligence, semiconductors, and critical minerals.

According to the Survey, the global economic order is undergoing a structural shift that leaves little room for fence-sitting.

Nations that fail to embed themselves deeply within future-facing value chains may find their strategic relevance sharply diminished....