Is 'Close to' a phrasal verb?
- India is close to being a superpower.
Is 'close to' a verbal phrase?
Solution 1:
The verb in your sentence is is—a linking verb. That makes close a subject complement and a predicate adjective.
To is a preposition. The object of that preposition is being a superpower—a gerund phrase that functions as noun.*
To test this, you can add an adverb and swap in a noun:
India is close to being a superpower.
India is very close to China.
*Warning: Grammar terms vary.