evidence: The $3.4 trillion Indian economy has a lot going for it.4 India is benefitting from multiple mega forces in the form of (1) favorable youthful demographics and (2) rewiring global supply chains amid a fragmenting world. India also stands out amidst a tepid global growth backdrop: its economy is expected to grow by $400 billion per year for the next few years.5 [...] India overtook China as the most populous nation in 2023.6 But not only does it have a large population, it has a young one, too. Approximately 65% of its population is below the age of 35, and half is below the age of 25.7 [...] India’s government introduced production-linked incentives to encourage manufacturers to establish operations there. This initiative drew $6.5 billion in investment in 2022 and has been one cause of a surge of investment in tech, energy and infrastructure.9Additionally, the removal of certain tariffs in 2023 between India and the U.S. has further incentivized bilateral trade and investment, fostering closer economic ties between the two nations.10