India's economy has grown tremendously in recent years and continuously improving living standards and economic growth is expected. Although still far behind, we explore what it would take for India to be able to walk the same path as China has done.
Focusing on geopolitical factors, we explore the challenges facing the nation and the risks that investors will have to take when they invest in the Indian market. India faces fierce competition against China and the rest of Southeast Asia, tense sentiment towards Pakistan and a turbulent year in the Kashmir region are the major problems that India needs to deal with. While the turmoil is looming over India, the Coronavirus has just spread in the world's second-most populous country.
While corporations seek to diversify their production lines, we have yet to see any actions taken. The uncertainties make it difficult for India to seize the opportunity and become the world's new factory.