According to the Global ranking list compiled by Henley&Partners, on the best passports in the world for visa free travel, Indian passport ranks no.74 in the list (last 51 countries which are the worst).
Indians can currently travel to 52 countries without applying for visa such as Hong Kong, Caribbean countries such as St Kitts, Dominica, St Lucia. Many countries have e-visa facility to Indians. Every year over thousands of indians go through the long terrible visa process for travels to USA, UK, Schengen, Australia.
India does not allow dual citizenship with other countries and indians cannot hold indian and foreign passport at the same time. Indians who apply for citizenship in a foreign country are required to apply for OCI card in India.
The top 5 countries are
Sweden
Finland
United Kingdom
Germany
USA
The Worst last 5 countries:
Afghanistan
Iraq
Somalia
Pakistan
