India’s .6 trillion economy last year became the world’s sixth largest, outstripping France, and with a projected GDP growth rate of between 7% and 7.5%, it could become the fifth largest, larger than that of the U.K. And yet, while the country’s economic clout has been growing, it still has been unable to secure permanent membership on the U.N. Security Council. Alyssa Ayres, a senior fellow for India, Pakistan and South Asia at the Council on Foreign Relations,  addresses these questions and more in her new book, Our Time Has Come: How India Is Making Its Place in the World . She notes that India needs economic and political reforms, but these are difficult to achieve — not just because of its democratic processes, but also because consensus on reforms eludes the coalition governments cobbled together by different political parties. Ayres shared her insights into India’s evolving political and economic landscape on the Knowledge at Wharton show on Wharton Business Radio on SiriusXM channel 111 .…