This chapter discusses the changing nature of Indian foreign policy orientations and then Indo-US and Indo-China bilateral relationships. India's foreign policy has demonstrated one noticeable characteristic, namely partnership orientation forming closely united relationships, multilaterally and bilaterally. The Indo-Soviet alliance signified the second phase of India's partnership orientation in its foreign relationships. In the current international situation, the most important issue in Indian foreign policy is how to deal with China and the US. Although the Indian policy towards China could be termed an operation on two fronts, engagement and hedging, the latter is prevailing against the backdrop of a long-held warness of China. In essence, the bilateral relationship has been affected by both positive and negative factors. Thus, India has been deploying partnership diplomacy as a temporary measure and it appears that the US has been making use of India's transitional foreign policy and that China may be trying to ward off India's emergence.