Overview
Strategic context
China+1 is a structural diversification — not a tactical shift. Global manufacturers are rebalancing capacity across electronics, components, pharma, chemicals and industrial goods toward India and ASEAN.
India's PLI-backed scale, talent depth, domestic demand and port infrastructure make it the leading destination for the next decade of manufacturing relocation.
Key Takeaways
What matters most
- 1China+1 capital deployment into India will cross USD 100B by 2030.
- 2Electronics, components and pharma lead the rebalancing.
- 3India's domestic market depth is a unique differentiator vs. ASEAN peers.
FAQ
Frequently asked
What sectors are leading China+1 into India?+
Electronics, EMS, components, pharma APIs, chemicals, EV and industrial machinery.