Over the past two decades, both India and Latin America have undergone fundamental transformations and are moving forward in a stable and predictable trajectory of growth and prosperity. There is a positive change in the perceptions that the new India and the new Latin America have of each other, discovering complementarities and synergies between their respective markets and mindsets. The entry of the Indian information technology (IT) and pharmaceutical sectors into Latin America, in addition to their investment models, have inspired confidence among Latin Americans who are apprehensive about an inflow of both Chinese goods and immigrants.