Using data from the two most recent Indian censuses (census 2001 and 2011), this article provides the estimates to project population of India up to the stage of stability along with some major state separately. Projection has been made using cohort change ratios under the Hamilton-Perry method of population projection and to get the stable population, the well known index of dissimilarity has been used as index of stability with some substitutions. The study shows that in northern part of India population is far away from stability as compared to southern region. It was found that those states having replacement level fertility tend to stabilize faster than other states.