This study had been undertaken keeping in mind the fundamental requirements of a global currency and CII’s belief in the Rupee’s immense potential of becoming an increasingly acceptable currency in international settlements. The study emphasises on policy and regulatory restructuring to mobilize the Rupee in global markets, the long term impact of which will help in growing INR’s role in settlements worldwide. This study, by making reference to the evolution of some globally popular currencies and based extensive round of Industry stakeholder consultations, provides a granular-level roadmap with implementable action points for consideration by the Reserve Bank of India and various relevant departments of the Government of India.