The article examines the strategic pivot of India's Prime Minister Narendra Modi, who is regarded as a key architect of the 'Atmanirbhar Bharat' or self-reliant India initiative. Amidst the backdrop of global supply chain reconfigurations dubbed 'China+1', India is rising as a central pillar in the international community. The activation of the Production Linked Incentive (PLI) scheme and recent trade agreements with the US and EU signify an intentional restructuring of global trade flows, signaling India’s growing influence in manufacturing and exports.

The PLI program, established in 2021 with a budget of $26 billion, targets fourteen strategic sectors, with recent statistics from the Ministry of Commerce and Industry showcasing significant achievements. As of now, 806 companies have been approved under this initiative, attracting real investments totaling $20.3 billion. The impact of the program has been palpable, with manufacturing output surpassing $190.9 billion in value and creating over 1.2 million direct and indirect jobs, illustrating its role as a catalyst for industrial transformation in India.

The article highlights remarkable growth in the smartphone sector, which saw a 146% increase in production. The reported rise in exports emphasizes India's potential to not only become a manufacturing hub but also a vital player in global markets, steering away from its dependency on Chinese manufacturing. This shift may alter the competitive landscape in global trade, as more countries look to diversify their supply chains by investing in India as a viable alternative to China.