INSUBCONTINENT EXCLUSIVE:
to shield its industries, New Delhi is not merely weathering the storm but orchestrating a strategic ascent: diversifying trade, bolstering
manufacturing, and redefining its role as a linchpin in global supply chains.This is a high-stakes dance between peril and promise, one that
(Photo Internet reproduction)With firms like Dr
worldwide.Yet the threat is not immediate doom but a call to action
devices, aims to shore up domestic API production, turning vulnerability into strength.A Pivot to Global Trade ResilienceRecognizing the
United States as an increasingly volatile market, India is weaving a broader safety net through bilateral trade agreements.Finance Minister
phased approach to dismantle barriers incrementally
unwieldy multilateral frameworks in favor of agile partnerships
tariffs and red tape.Today, New Delhi is better prepared
Reforms have streamlined regulations, and investments in ports and power aim to erase bottlenecks.The pharmaceutical sector, bolstered by
PLI incentives, is scaling up to produce biosimilars and specialty generics, while semiconductors loom as a future frontier.Still,
Negotiating with a mercurial United States administration requires finesse; failure could see tariffs cripple pharmaceuticals, inflating
remain nimble alternatives
industrial investment, and trade diversification, New Delhi aims not just to survive but to thrive, reshaping its economy for a fragmented
narrative.This is no mere economic maneuver but a test of strategic foresight, with jobs, healthcare, and global influence at stake