The core difference between democracy and communism is that communism can corrupt far more easily than democracy. In democracy, you can see when the government isn’t doing its job properly but in communism that’s absolutely not the case.
India’s main Brahmastra to attract investment in the country is its cheap labour. However, it has to understand that this is also offered by many other Asian countries. So, the only hope we can have from the government is that it will bring solid reforms soon to create a conducive business environment.