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HomeNewsBusinessEconomyTrump tariff unlikely to hurt India’s global strategic importance, China+1 theme still intact, say experts

Trump tariff unlikely to hurt India’s global strategic importance, China+1 theme still intact, say experts

As Washington escalates its tariff war with India, experts say the long-term rebalancing of global supply chains is still intact – moving away from China and tilting in India’s favour.

August 04, 2025 / 13:41 IST
Trump tariff unlikely to hurt India’s global strategic importance, China+1 theme still intact, say experts

According to US Customs and ICEA data, India overtook China as the top smartphone exporter to the US in Q2CY25, driven by aggressive ramp-ups from Apple’s contract manufacturers like Foxconn and Pegatron, from their plants in Tamil Nadu and Karnataka.

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