Is India rising as the largest winner within the ongoing international commerce battle? On this video, the PHDCCI President explains why India may very well be in a “candy spot” amid rising tariffs and shifting international provide chains. Whereas industries like textiles, auto parts, and gems & jewellery might even see short-term challenges, India’s decrease tariffs in comparison with nations like China and Bangladesh provide a aggressive edge. Strengthening India-US ties, the potential for a commerce settlement, and development in sectors like prescribed drugs and IT may additional enhance India’s long-term commerce place.
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