Explain how India can be an alternative to China in west's efforts to reduce dependence on China's supply chain.
Main Body
The crucial strategy of west entails development of India as an alternative to curing the dependence on China. India - Alternative to China: (1) Economic → Restoring manufacturing to India via Apple iPhone, cheaper labour costs in India, significant investment from west by Google's office, iCEL etc. (2) Technological → Critical energy collabs by iCEL, knowledge and tech transfers by IEUS (3) Indian Policies → Friendly for jdiplomisng by PLI scheme, lesser FDI restrictions (4) Multilateral and Plurilateral → QUAD, IPEF (5) Defence cooperation → Malabar exercise (6) Indo-Pacific → One of strategic considerations by QUAD However, significant dependence on China permits - (1) Rare Earths → Recent export restrictions (2) Trade dependence → Highest budget deficit facing increased (3) Issue of economic nationalism and geo-economic fragmentation (4) Red Tapism in India → As per world bank it takes 4 years to enforce a contract in India Thus, need is for multidimensional efforts to truly implement and keep it from crude anti-China strategy of west.
— Japleen Kaur · AIR 388
Japleen Kaur
Effect of Policies of Developed/Developing Countries and Indian Diaspora
India as an Alternative to China
India as an Alternative to China
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