India and Vietnam aim to turn ‘China plus one’ rivalry into trade gains

Analysts suggest India and Vietnam can transform their competition for "China plus one" investments into a complementary partnership. This collaboration would leverage India's scale and technology with Vietnam's manufacturing agility and East Asian supply chain connections. Such a strategic shift could enhance both nations' participation in global production networks for high-value industries like electronics, pharmaceuticals, and renewable energy. This partnership would also offer companies dependable alternatives as they diversify their supply chains away from China.