India can be a bigger winner in the supply chain shift from China

 India can be a bigger winner in the supply chain shift from China

As China-centric global supply chains are being disrupted by geopolitical tensions, India stands to emerge as a "complementary Asian manufacturing hub to China" like Vietnam or Thailand, writes Ganeshan Wignaraja.
 
"India's new attractiveness is linked to both geopolitical and economic factors," writes the Gateway House: Indian Council on Global Relations scholar, noting how the country has become a platform for the production of the Apple iPhone 14 and the Mercedes-Benz EQS electric luxury sedan.
 
India, in his view, "can learn much from China's experience ... including better targeting of multinationals in new industrial activities" and adopting an "open-door policy" toward foreign direct investment. New Delhi should also look to promote regional supply chains with its neighbors "by scaling up the Make in India program into Make in South Asia."

 The agreements on defense and critical technologies signed by Modi and U.S. President Joe Biden, as well as the e-commerce investments promised by Amazon.com, are indicative of how India is being considered by the U.S. as central to new supply chains and its inclusion in the shift of existing ones away from China.