A never before seen opportunity has presented itself to India in the form of countries seeking to reduce their dependence for supplies from the People’s Republic of China. Were such investors to be confident of a welcoming regulatory environment in the country, the quantum of such “decoupled” investment in India would in a few years dwarf the flow going into alternative locations nearby. Whether it be access to a large and fast-growing market, or the availability of skilled brainpower thanks to the abundance of technical and other educational centres that have come up in various parts of the country, or closeness to markets in Europe, West Asia and Southeast Asia, India offers a multitude of suitable locations. Companies would be able to determine which location meets their needs, so that state governments would compete with each other to ensure ease of business in their state. If there were to be a rough rule of thumb about ease of compliance with regulatory requirements, which plays a significant role in ensuring overall ease of doing business, 60% of the task would be that of the Central government, 30% the state government and 10% local government. It was his performance as Chief Minister and not any patron within the BJP that catapulted Narendra Modi by early 2013 into being the voter’s most favoured politician to lead India. If there had been no Modi in 2014, the BJP would have continued to fall significantly short of securing a majority on its own in the Lok Sabha.