With geopolitical tensions pushing companies to diversify supply chains away from China, India is positioning itself as an attractive alternative for global manufacturers. By cutting import duties on raw materials, offering production-linked incentives, and easing business regulations, the government is actively courting investment from multinational corporations. But does India have the necessary infrastructure, skilled workforce, and policy stability to compete with other manufacturing giants like Vietnam and Mexico? This article analyzes India’s strengths and challenges in its bid to become a global manufacturing powerhouse.