This paper traces the evolution of India-Southeast Asia relations focusing on India’s look east policy. It discusses how the look east policy has influenced New Delhi’s diplomatic style towards Southeast Asia. It also understands that how it has influenced the shaping of India's bilateral and multilateral relations with the ASEAN countries and the region as a whole. In this context, this study first examines the background of the renewed Interests of India towards Southeast Asia focusing on New Delhi’s hope to be member of ARF during the first half of the 1990s. And then, this paper analyses political and strategic dimension of the relationship between India and Southeast Asia with special reference to the China factor which is currently more emphasized on. This study also tries to examine economic aspects of relationship between the two. India has cultivated close relations with the individual countries in Southeast Asia and the ASEAN as a whole by pursuing the look east policy since the early 1990s. It is shown that India has achieved a fair success in terms of its political, strategic and economic returns by pursuing the Look East Policy. While enhancing links with ASEAN and other ASEAN-led multilateral institutions, India has also succeed to qualitatively improve bilateral links with member states. It has certainly enhanced India’s status and image not only in Southeast Asia but in the world. India has, however, failed to participate in the Chiang Mai Initiative Multi-lateralisation (CMIM) which could emerge as an important new economic order centering in Southeast Asia. In this regard, it is said that India’s look east policy toward Southeast Asia has a certain limitation to ensure India as a responsible great power of Asia. Concerning the China factor, this paper suggests that India may think about a regional grouping along with Australia, Indonesia and Korea. It is called AIIK(Australia, India, Indonesia, and Korea) which will enhance Indian involvement in Southeast Asia.