It is not new for India to be considered as a hub for global supply chain demand. The well-known business strategy known as “China-plus-one,” which was first used in 2013,1 was the preceding instance for such a declaration about India being an alternative to China. The Covid-19 pandemic created various supply chain bottlenecks that resulted in logistical delays and export limitations that were exacerbated by the Ukraine crisis. 2 This highlighted the need for supply channel diversification and manufacturing localization.As a result, American and European businesses who had invested substantially in China over the last two decades due to the country’s low labour and production costs are now progressively moving their attention to nations like India.3 In line with the objective of combating supply chain disruptions, the Resilient Supply Chain Initiative (“RSCI”) was launched in 2021 by Australia, Japan, and India.4 It aims to build critical industrial clusters for diverse supply chains. This was followed by the creation of a roadmap in July 2022 by a coalition of 18 economies, including India, the US, and the European Union on strategies to mitigate supply chain depend￾encies and vulnerabilities.5