For centuries England followed the policy of balance of power. When there were wars in Europe it joined a side that was weak. It benefitted from that policy and became a world power.
It is time for India to follow the policy of balance of power. After the end of Warsaw Pact and disintegration of USSR, USA-led NATO has dominated the world. Russia is unlikely to be a superpower. Alcohol and abortions have weakened Russia. Countries attacked by USA or NATO are helpless. India can provide leadership to such countries. India has nothing to gain by supporting NATO except in Afghanistan. However NATO is fighting a losing war in Afghanistan and if NATO withdraws it is best for India not to get involved. It is unlikely that UN Security Council will be expanded soon and Indiaâ€™s chance of getting permanent membership of it is slim.
NATOâ€™s bombing of Libya is the latest example of use of force to impose its will. There was UN authorisation for no fly zone but NATO went for regime change. They bombed cities and killed many civilians. Serbians and Africans are hauled up before International Criminal Court but nothing happens to NATO leaders for their crimes. When there was an uprising in Burma, NATO did nothing. They wanted China and India to do something. Libya has oil and that is the reason for NATO bombing. Libya abandoned its nuclear programme to appease NATO and paid the price.
It is not necessary for India to fight NATO forces. India can oppose and defy sanctions imposed by UN, EU and NATO. India can engage in trade with Iran and other countries. India is unable to buy oil from Iran because of sanctions. India can sell arms, ammunition, warplanes and warships to countries under sanctions. NATO is not concerned with democracy and human rights. If that had been the case they would not have traded with China. There is no reason why India should agree to sanctions because other countries do not like a government or a person. USA, UK and France supported South Africa when there was apartheid. USA helped Israel develop nuclear weapons and did not act when Pakistan developed nuclear weapons. Iran having nuclear weapons is not a problem for India.
In Asia, maintaining balance of power means siding with countries threatened by China which have no defence pact with USA. American forces are in Japan, South Korea and Taiwan. Cambodia, Laos, Vietnam, Indonesia and Malaysia do not have American forces. India can support them.