The fact that small states predominate the global politics, both in terms of numbers and plethora of political, security and economic issues confronted, they cannot be ignored in holistic comprehension of global politics. Interactions among states—small versus small and small versus big—merit greater scrutiny. Two principal questions are posed in this regard: How do small states feel in a region dominated by powerful countries? What are the various strategies followed by small states to secure themselves? Generally, small states adopt any of the five strategies to protect their national interests: ‘balancing’, ‘bandwagoning’, ‘neutrality’, ‘hedging’, and ‘go alone’. It is important to look at how does this translate to South Asian region that is commonly viewed as ‘India-dominant’. The case of Sri Lanka is taken to analyse the survival strategies of small states in regional politics. Internally, Sri Lanka has had to deal with the post-colonial state/nation-building, ethnic tensions, youth uprisings, ideological fissures and economic strains. Externally, Sri Lanka had to skilfully handle the extra-regional powers like the US, UK, and China and the intra-regional power, India. By taking Sri Lanka as a case, the chapter attempts to bring in the nuances of behaviour of small states in securing their interests in regional and global politics.