India's foreign policy has indeed undergone a significant, albeit gradual, transition from its foundational Nehruvian principles towards a more pragmatic and economically driven approach that shares characteristics with neoliberalism. While not a complete abandonment of Nehruvian ideals like strategic autonomy, the shift reflects India's evolving economic landscape and geopolitical aspirations.

Nehruvianism, the bedrock of India's post-independence foreign policy, was characterized by non-alignment, self-reliance, state-led economic development, anti-colonialism, and a strong focus on the Global South. It prioritized political independence and moral leadership on the world stage, often viewing economic engagement through a cautious lens, particularly with Western capitalist powers.

However, since the economic reforms of 1991, India has increasingly embraced market liberalization, global economic integration, and a more outward-looking foreign policy. This shift aligns with neoliberal tenets, which emphasize free markets, open trade, and closer integration into the global capitalist system. The transition is evident in several key areas:

1. Economic Diplomacy: India's foreign policy now heavily prioritizes economic growth, trade, and investment. Diplomatic efforts are often geared towards securing market access, attracting foreign direct investment, and fostering economic partnerships. For example, India's active participation in the G20, its pursuit of free trade agreements (FTAs) with various countries and blocs (e.g., UAE, Australia, UK, EU), and its emphasis on 'Make in India' and 'Atmanirbhar Bharat' (self-reliant India) initiatives, which, while promoting domestic production, also seek global market integration, reflect this economic focus.

2. Multi-alignment over Non-alignment: While India still champions strategic autonomy, its approach has evolved from strict non-alignment to a more flexible 'multi-alignment' or 'all-alignment' strategy. This involves forging strategic partnerships with multiple global powers, including the United States, Japan, Australia, and European nations, alongside traditional partners like Russia. The Quadrilateral Security Dialogue (QUAD) with the US, Japan, and Australia, aimed at ensuring a free and open Indo-Pacific, is a prime example of India's willingness to engage in issue-based groupings that were once anathema to its non-aligned stance.

3. Engagement with Western Powers: There's a noticeable deepening of ties with Western democracies, particularly the US. This includes enhanced defense cooperation, intelligence sharing, and technology transfers, as evidenced by foundational agreements like LEMOA, COMCASA, and BECA. This contrasts sharply with the Nehruvian era's skepticism towards alliances with either superpower bloc.

4. Shift in Development Model: The earlier emphasis on state-led development and import substitution has given way to a more market-oriented approach, encouraging private sector participation and foreign investment. This internal economic shift naturally translates into a foreign policy that seeks to facilitate these economic objectives.

In conclusion, while India has not entirely shed its Nehruvian legacy, particularly its commitment to strategic autonomy and its role in the Global South, its foreign policy has undeniably transitioned towards a more pragmatic, economically driven, and multi-aligned approach that incorporates many elements associated with neoliberalism. This evolution is a response to changing global dynamics and India's own aspirations for greater economic prosperity and geopolitical influence.