How India Can Navigate Global Trade Shifts in Trump 2.0

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How India Can Navigate Global Trade Shifts in Trump 2.0 - The Diplomat

Quick Summary:

This strategy involves diversification of the production base and investment operations of multinational companies to hedge against risks in China.Increasingly, U.S.companies are shifting their production base to alternative markets such as India and Vietnam to reduce dependency on China and boost stability.

To gain an edge in the supply chain, India must focus on restructuring its industrial and trade policies to boost exports in high-potential sectors.

Companies such as Apple Inc., for instance, have already begun expanding operations in India — beyond assembly and sales — signaling the country’s growing potential to play a central role in the global trade realignment.