Narendra Modi has staked much of his agenda on turning India into a manufacturing and technology powerhouse, an ambition with consequences well beyond the country’s borders. Success would reshape supply chains across Asia.
The push to attract manufacturing has drawn global companies looking to diversify. That effort positions India as an alternative hub, adding a new dimension to how businesses think about the region.
India’s vast domestic market gives the strategy weight. Companies are drawn not only by production but by the prospect of selling to a large and growing consumer base.
For Southeast Asian economies, India’s rise is both opportunity and competition. Modi’s ambitions are helping redraw the region’s economic map in ways that neighbours are still adjusting to.