While Beijing’s tech stocks tumble amid weak consumer spending and fading stimulus hopes, Indian industries may get a rare window to attract global supply chains. The catch? Cheap Chinese exports could flood markets, squeezing local manufacturers. India’s real test isn’t just capitalizing on China’s slowdown; it’s building resilience fast enough to turn this moment into lasting growth. The race isn’t about who’s growing faster today; it’s about who’s fixing the cracks beneath the surface before the next shock hits.