It seems so. India didn't get quite as much coverage as it is getting now for some reason. And strangely enough, India is being mentioned in the news more often than before for the same things it had been doing before ( on a greater extent now though but the nature of those activities is pretty much the same ).
5 years back it was China, when China was doing strongly in tech since 2010ish. Now that China has been barred, they're looking at the next billion person market. Or at least that's what I think it is.