India: Replacing China?

India has always been regarded as the developing country with the most development prospects after China, especially after China's economic slowdown, India once became the fastest-growing country in the world economy. There's always been a debate about India's rise to replace China, and it's been revived recently with the changing times.
At present, India seems to have retreated from the global epidemic, reaping the benefits of the Sino-US conflict, and both sides of the Russia-Ukraine conflict. Compared with the sanctions and boycotts of China and Russia by the West, the United States and the West have high expectations for India. They hope that India can take off quickly and become a new global consumer market and a new manufacturing center. The most important point is that it is best to be able to. Realize the replacement of China's global economic and trade status, and directly check and balance China in geopolitics. 
Previously, India seized 55.5 billion Indian rupees (about 4.8 billion yuan) from Xiaomi's local account on the grounds of suspected illegal remittances. This action shows that India's investigations against Chinese companies in the past two years have been further escalating. Антенна и питание
In fact, this is not the first time India has made a move against Xiaomi. At the beginning of this year, India also imposed a fine on Xiaomi on the grounds that the royalties constituted tax evasion.
Since the Sino-Indian border conflict broke out in 2020, India has begun to impose stricter supervision on local Chinese-funded enterprises. Some large-scale Chinese-funded enterprise entities in India, such as Xiaomi, OPPO, OnePlus, and ZTE, have all encountered rigorous investigation. At the same time, India has also banned more than 100 apps from China, citing security threats.
It is not difficult to see that the reason behind these measures is that India hopes to win more growth space for local Indian enterprises by suppressing local Chinese enterprises.
As China's economic strength becomes stronger and stronger, more Chinese companies begin to go overseas, expand overseas markets, and establish a high reputation and influence in the world, such as Huawei, Xiaomi, Hikvision, DJI, Tik Tok, etc. The emergence of more and more Chinese companies with global influence is a result that the United States and the West do not want to see. Therefore, these Chinese companies are facing an increasingly harsh external business environment.
Since the Sino-U.S. trade conflict, Huawei, Hikvision, DJI, etc. have all been included in the U.S. entity list and have been blocked to varying degrees. And some companies that have gained a leading edge in the mid-to-low-end market, such as Xiaomi, have also begun to face pressure from India and other aspects.
Especially in recent years, China has been greatly affected by the epidemic, and more and more production capacity has been transferred to India and Southeast Asia. China faces the risk of being diverted by other countries. Not long ago, Texas Instruments announced the abolition of the MCU team in China in Shanghai, and moved all the research and development of the original MCU product line to India.
As multinational companies reshape supply chains to reduce their reliance on China, India's appeal as a global manufacturing hub has surged, fueled by the Modi government's $26 billion subsidy program. Western countries are also keen to advance defense and technological cooperation with India.
With the rapid development of terminal intelligence and the impact of lack of cores, countries around the world have attached great importance to and increased support for the chip industry. Semiconductor powers such as the United States and Japan have launched various preferential policies to attract domestic companies to return to their home countries, so as to control high-end technologies and increase employment rates. последовательный конвертер rs232 в wifi
Foreign companies are worried that the outflow of core technologies, especially to China, will bring certain losses to themselves. The relocation of some low-end production capacity to countries and regions with relatively backward technology such as India and Southeast Asia will weaken the impact on itself.
The new crown epidemic that has lasted for more than two years has reshuffled the global economy, especially India and some countries with growth potential in Southeast Asia, which regard the epidemic as an opportunity to catch up with China.