India well-placed to benefit from tariff-led trade shifts, says Moody’s

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New Delhi: India is well-positioned to benefit from a global realignment in trade and investment flows driven by shifting tariff regimes, and could outpace several Asia-Pacific (Apac) peers, Moody’s Ratings said on Thursday. As multinationals reassess supply chains amid rising protectionism and evolving trade policies, India’s relative tariff advantage may strengthen its appeal as an emerging global manufacturing hub, Moody’s noted in its latest Sovereigns – Asia-Pacific Outlook. “India may be subject to lower tariffs than many in Apac, which could help the economy attract further investment flows and support its development as a global manufacturing base. The signing of...