CNBC's Inside India newsletter: From Shein to iPhones: India’s manufacturing moment is here

As the U.S.-China trade war lingers, global companies, including China 's Shein , are redrawing their production maps.

With its large, young labor force, and a government that's offering manufacturing incentives, India is pitching itself as an appealing choice for companies looking to diversify.

But even given this momentum, " India is not without risk," says Hargreaves Lansdown's Susannah Streeter .

For many companies, it's no longer about choosing the most efficient supply chain — it's about building a resilient one.

India , with its scale and democratic setup, presents a relatively stable option in an increasingly unstable world.

For investors, this presents both opportunities and caveats: Execution risks, governance issues, and growing pains that can't be ignored.

India will post imports and exports data Friday , which could give a clearer picture of the country's position regarding trade negotiations with the United States .

The U.S. Federal Reserve concludes it rate-setting meeting Thursday , and is expected to hold rates steady at 4.25%-4.5% .