Title: DECOUPLING FROM CHINA: ASSESSING THE IMPACT OF WEST’S CHINA PLUS ONE POLICIES ON THE INDIAN ECONOMY
Author: Dr. Amaan Anjum
Abstract:

The China Plus One (C+1) strategy has emerged as a significant realignment in global supply chains as businesses seek to reduce their over dependence on China. This paper explores India’s role in this strategy by assessing economic, infrastructural, and policy developments aimed at attracting foreign investments. Through an extensive sector-wise evaluation, the study examines India’s competitive advantages, key obstacles, and the effectiveness of government initiatives such as the Production Linked Incentive (PLI) scheme and the Make in India program. Additionally, this paper compares India with alternative destinations like Vietnam, Mexico, and Indonesia to provide a broader understanding of global manufacturing shifts. The study also explores the economic impact of C+1 on India’s GDP, employment rates, trade balance, and industrial output. The paper concludes with strategic recommendations for India to strengthen its position as a leading global manufacturing hub.

Keywords: China Plus One, Supply Chain Diversification, India, Foreign Direct Investment, Trade Policy, Manufacturing Competitiveness, Economic Strategy, Industrial Development
DOI: https://doi.org/10.38193/IJRCMS.2025.7117
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Date of Publication: 24-02-2025
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Published Vol & Issue: Volume 7 Issue 1 Jan-Feb 2025