As global corporations actively diversify their supply chains away from China under the "China-plus-one" strategy, India must aggressively overhaul its tax bureaucracy, streamline single-window clearances, and prioritise Free Trade Agreements (FTAs) with developed economies. Speaking to ANI, prominent economist and former NITI Aayog member Arvind Virmani, said these structural and external trade reforms are vital for India to successfully capture shifting global investments and overcome domestic bottlenecks.