The Manufacturing Paradox: Why India's Dilemma is Not Just About Japan and China The recent emphasis on boosting manufacturing in India has led to an assumption that the country must choose between its two largest trading partners, Japan and China.
This binary thinking oversimplifies the complexities of global trade and investment. While it is true that Japan's investments in India often rely on Chinese suppliers, this relationship is not a zero sum game.
In fact, India's economic growth is closely tied to its relationships with both countries. Japan has been a major investor in India, with a cumulative foreign direct investment (FDI) of over $48 billion this century.