Global supply chains are being reconfigured due to COVID-19 disruptions, US-China trade tensions and geopolitical decoupling. India is emerging as a credible alternative to China in global production networks due to its scale, policy reforms, digital infrastructure and demographic dividend. It has progressively moved toward export-led growth and foreign direct investment facilitation. The emphasis is on supply chain resilience, technology partnerships and sustainability. India has strong global value chain presence in services. Manufacturing integration remains weak due to the lack of lead firms, limited component ecosystem and import dependence. However, there is promising growth in electronics, pharma and engineering goods. Industrial growth is at an inflection point. With coordinated reforms and strategic partnerships, India can become a central node in global production. The transition requires systemic policy alignment, institutional coherence and commitment to innovation-driven growth.
