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Notes -
The elephant curve implies that the objective interests of the various social classes don't line up this way. During the neoliberal era (roughly from the fall of the Berlin Wall to the present), the big picture in global inequality is:
The "tail" of the elephant consisting of poor people in poor countries which are not developing due to civil wars or such like: 5-15% of the world's population depending on how you count.
The "body" of the elephant consisting of the respectable working and middle class in rapidly growing economies including China, who are experiencing rapid income growth: c.60% of the world's population
The "neck" of the elephant - around the 80th-90th percentile of the world's population we see very low income growth, driven by the bottom 80% in rich countries who have been the main losers of globalisation.
The "trunk" of the elephant - the top few percent (including most of the top 20% in rich countries) who are doing well, with the top 1% doing better still and the super-rich making out like bandits.
The idea of an alliance between the "body" and the "neck" against the "trunk" to repeal neoliberal globalisation doesn't make sense. And if you look at what Modi is saying, he isn't saying that. The demand isn't "reverse neoliberal globalisation" it is "give me money". The anti-globalisation faction in Indian politics is peasant advocates, because Indian peasants are part of the "tail".
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