India hopes to benefit as President Trump seeks to shift manufacturing companies away from China. But there's an obstacle: Trump's tariffs.
India aims to attract manufacturers relocating from China due to US tariffs, but faces the obstacle of retaliatory tariffs impacting global trade. India hopes to expand manufacturing, exemplified by Apple's increased iPhone assembly in the country, and leverage the situation to encourage further investment. Tamil Nadu, a manufacturing hub, has already benefited from businesses moving from China.
