Global Value Chains (GVCs)
India's Emerging Role
Global Value Chains (GVCs) refer to the international fragmentation of production where different stages of manufacturing — design, components, assembly, distribution — occur across multiple countries. India's integration into GVCs has historically been limited compared to East Asian peers, but is accelerating due to the China + 1 diversification trend, PLI-driven manufacturing growth, and improving logistics infrastructure.
- India is the world's fourth-largest economy (nominal GDP) and is projected to reach $7.3 trillion by 2030, becoming the third-largest economy.
- The IMF projects India's GDP growth at 6.2% for 2026; the World Bank at 6.5%.
- Sectors where India is gaining GVC share: electronics (mobiles, semiconductors), pharmaceuticals, chemicals, automotive components, and textiles.
- India's goods exports have grown substantially, with US-bound exports reaching $103.8 billion in 2025.
● Tracked since March 09, 2026 · last seen June 30, 2026 · updates as the daily brief publishes
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