India faces conventional and non-conventional threats from Pakistan and a conventional threat from China. Although India enjoys an edge in conventional capabilities against Pakistan, the capability is less against China. With rapid modernization of the Chinese PLA, the conventional capability gap between China and India is increasing in China's favor. The increasing Chinese investment in Pakistan especially in the China-Pakistan economic corridor and Gwadar port has opened the possibility of a dual front war for India. This thesis will examine and evaluate security threats to India, the current state of modernization and the future modernization goals of the Indian Army. After evaluating the problems in achieving the modernization goals, the thesis will finally recommend suitable approaches to achieve the desired modernization goals.