New Delhi, Jan. 13 -- As a frequently travelling business lawyer, I often find myself in conversations going beyond legal principles and term sheets. Increasingly, these discussions veer into a shared anxiety about global instability and simultaneously a renewed optimism about India.

Among successful Indian expats, many of whom have acquired foreign citizenship, there is a palpable desire to reclaim or retain an Indian passport while keeping their adopted nationality intact.

This is not a matter of convenience alone, but also a rational response to a rapidly changing geopolitical and economic landscape.

India today is a bright spot. While advanced economies grapple with political polarization, slowing growth and fiscal stress, India of...