Amidst continued trade and investment liberalization, coupled with rapidly improving business environment, India is witnessing an upward trend in its integration in Global Value Chains (GVCs) as countries seek to diversify their supply chains. India, with advantages such as its growingly supportive business environment, large market size, sizeable availability of human and natural resources, and stable investment climate, offers immense scope to leading GVC players to friend-shore their supply chains across sectors, such as electronics, automobiles, chemicals, and others.

What are the key opportunities and challenges for countries to consider India as an important link in their supply chains?