Displaying superb techniques, Sharma scored 18.450 points to win the gold ahead of Bishow Budha Magar (Nepal) and Muhammad Waleed Ajmal (Pakistan).
India also ensured one more medal as they stormed into the final securing four straight wins out of six to reach the summit clash of the Sanshuo round which will be held tomorrow.
India now have three gold, one silver and one bronze medals after day three of wushu.