Trade Shifts: India Poised to Benefit from U.S.-China Tensions
The GTRI predicts a beneficial shift for India's export and investment prospects amid the intensifying US-China trade war. Recent US legislative efforts aim to curb China's trade practices. This creates opportunities for India to attract investments, especially in manufacturing, electronics, and textiles, enhancing its role in global supply chains.
- Country:
- India
Amid rising tensions in the US-China trade conflict, India stands poised to benefit from shifting investment and export opportunities, according to think tank GTRI.
The US Senate recently unveiled two bills targeting China's trade practices, which could have far-reaching economic implications. The proposed laws, if enacted, could further aggravate the trade war.
The GTRI highlights the potential for India to capitalize on these developments, particularly as US companies seek alternatives to China, boosting India's manufacturing and securing its place in global supply networks.
(With inputs from agencies.)
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