Now Reading: West Must Invest in India to Counter China, Lowy Report Says
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West Must Invest in India to Counter China, Lowy Report Says
Western governments must match their strategic support for India with investment, a Lowy Institute article argues. The report says capital has flowed into China for three decades, helping create a strategic rival,…
The Story in Brief
Western governments must match their strategic support for India with investment, a Lowy Institute article argues. The report says capital has flowed into China for three decades, helping create a strategic rival, while India has not yet become an industrial alternative at scale. Companies are being urged to adopt a “China plus one” strategy, but China still offers stronger infrastructure, including power and ports.
Written by Stephanie Campbell, the article says India is the only country large enough to provide an industrial alternative on a continental scale. It argues that governments must change investment conditions rather than leave firms to absorb the cost. Australia could support India through critical minerals, energy and defence cooperation, the report says.
The Indian Opinion
The lazy version is that India can quickly replace China, or that Western companies alone can make it happen. The report itself points to uneven results and infrastructure gaps. India also wants strategic autonomy, so support cannot depend on automatic alignment with Western priorities. The practical test is whether public policy turns “China plus one” from a slogan into sustained investment in Indian power, ports and manufacturing.
Source: thehansindia.com
This story was synthesised by AI from the source linked above.
