Abstract: The world is undergoing dramatic transformations. The old liberal world order which ensured peace and economic growth is gradually fading away. The transatlantic alliance which had provided strength to Europe is falling apart under Trump Presidency. India is emerging as significant power as world’s fourth largest economy. Both India and EU need new partners and alliances to face the changing dynamics of the world. This paper examines the changing nature of world politicsand identifies areas of common ground as well as those where India and EUcan cooperate, and finally evaluates the future of this alliance in light of the dynamic global scene.

Keywords: India, European Union, World Order.