Donald Trump’s return to the White House brings both opportunities and risks for the Indian economy. The IT and pharmaceutical sectors may experience near-term declines as investors assess risks of reduced profitability. If Trump emphasises tax cuts or business incentives, it could benefit Indian exporters, especially in capital-intensive industries. However, if Trump continues with his protectionist stance, India might face similar restrictions, impacting sectors like pharmaceuticals, textiles, and engineering goods. Additionally, if the Trump administration opts to limit work visas, Indian technology and services sectors may see increased costs.
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