Trade fragmentation is accelerating the reorganisation of global supply chains. India's position in this new architecture is increasingly central — and increasingly investable.
Deglobalization is not a single phenomenon — it is a suite of trends that collectively represent a fundamental reorganisation of the global economic order. Friendshoring (moving supply chains to allied countries), near-shoring (moving them closer to end markets), and on-shoring (bringing them back home) are all accelerating simultaneously, driven by geopolitical tension, supply-chain resilience concerns, and industrial policy objectives.
India is the primary beneficiary of this reorganisation. Its large domestic market, its English-speaking workforce, its improving infrastructure, and its strategic position between East and West make it the natural hub for companies seeking to diversify away from China. The capital flows — both FDI and portfolio investment — are already reflecting this shift.
The IIG mandate pipeline
The deglobalization trend creates a sustained pipeline of investment banking mandates for IIG. Companies seeking to establish or expand their India presence need capital-raising advice. Indian companies acquiring complementary businesses to serve global supply chains need M&A advisory. Infrastructure companies building the logistics and manufacturing capacity to support the new supply chains need project finance.
India is not just a beneficiary of deglobalization — it is the architect of a new, more resilient global economic architecture. The capital flows will follow the structure.