Sofia Caba
India may become the world's factory as businesses worry about China.
1. Potential to Replace China as a Manufacturing Hub:
India's domestic consumer market is rapidly growing.
2. Booming Consumer Market:
India is increasing its role in global supply chains with significant output incentives.
3. Strategic Supply Chain Involvement:
Incentives in 13 sectors, including semiconductors, attract global tech firms.
4. Incentives for Manufacturing
India's outreach to Taiwan sends a clear message to Beijing.
5. Geopolitical Leverage:
Unique access to the Indian Ocean, connecting West Asia, Europe, Africa, and Asia.
6. Strategic Geographic Position:
India, with over 1.4 billion people, offers enormous economic growth potential.
7. Large and Growing Population: