BLUF

The US-India relationship is vital for the future of technology as India becomes a promising alternative to China in supply chains, innovation hubs, and joint ventures.

Summary

Hemant Taneja and  Fareed Zakaria, writing in Harvard Business Review, make the following points:
  • India's growing population and strong economic growth could make it a valuable partner for the USA.
  • The globalization of supply chains for most consumer goods will remain the same.
  • However, technology supply chains will likely be restricted to trusted partners.
  • Technology platforms will probably be divided into two zones—the United States and China.
  • India needs to choose whether to prioritize technological collaboration with the US or China.
  • In January 2023, the United States-India initiative on Critical and Emerging Technologies came into force.

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