Can India compete with China in Latin America? Not likely

Starting at the beginning of this decade, academics and policymakers started to point to India as a potential source of investment, trade, and economic diversification for Latin America.
The Inter-American Development Bank (IDB) released a report called “India: Latin America’s Next Big Thing?” and a 2011 article in Americas Quarterly called India “the new kid on the block in Latin America.” (Full disclosure: my boss, Chris Sabatini, was the editor-in-chief at Americas Quarterly at the time).
Lately, however, non-partial observers of the Americas have largely stopped writing about the potential for ramped up Indian involvement in the region. And while it’s true that India under the leadership of Prime Minister Narendra Modi has been eager to start projecting its power around the world, trade between Latin America

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