Can India Win From the Globalization Reset?

Global leaders at the Bloomberg New Economy Forum in India are navigating an era of "weaponized" economic tools where supply chains, energy, and technology are increasingly used for geopolitical coercion. Prime Minister Narendra Modi and former U.S. Commerce Secretary Gina Raimondo highlight how conflicts in Ukraine and the Middle East drive market fragmentation, forcing companies to prioritize scale and "tariff-resistant" collaborative supply chains over traditional competition. BlackRock’s Rob Goldstein argues that thematic shifts like AI and geopolitics now outweigh individual asset classes, requiring investors to plan for discrete outcomes rather than a single base case. While India positions itself as a manufacturing alternative through regulatory reforms and digitization, the rapid ascent of AI presents a dual challenge: the potential for massive productivity gains and the urgent need for government-enforced safety standards and "pre-deployment" testing to prevent catastrophic cyber incidents and ensure broad economic prosperity.