09-May-2025
Economy News
 
US tariffs: India will become a less attractive destination for investment in manufacturing
15-Mar-2025

We are now living in an age of great global disorder. Trump's US has dismantled the old order that had governed global politics since World War 2, and global economics since the early 1980s. Just as India was getting ready to join the party, it seems over. The big economic story, post-pandemic and before Trump 2.0, was India as 'China Plus One' for global manufacturing. Even some positive outcomes were seen, most notably in the electronics sector like Foxconn factories. But fortuitous circumstances seemed to erode post-2024 general elections. Now, less than two months into the new Trump era, 'China Plus One' looks unlikely to have a future.

News Source:- https://economictimes.indiatimes.com/opinion/et-commentary/us-tariffs-india-will-become-a-less-attractive-destination-for-investment-in-manufacturing/articleshow/119019446.cms