India Urged to Recalibrate Economic Strategy in Latin America

Current trade ties with nations like Brazil and Argentina remain too vulnerable to global supply shocks, according to Khatua. He suggests that India’s path forward lies in building local processing hubs and robust supply chains rather than relying on sporadic commerce. This shift requires moving from a passive partner to an active stakeholder capable of managing regional export logistics directly.

Beyond raw materials and manufacturing, Khatua identifies India’s digital infrastructure as a critical lever for influence. Integrating systems like the Unified Payments Interface into Latin American markets could deepen financial ties and create the institutional framework India currently lacks. By establishing a consistent presence, India aims to stabilize its resource access and compete more effectively in a region where Chinese influence has long been firmly entrenched.