
NEW DELHI : India is better positioned than many other emerging markets to deal with US Tariffs and global trade disruptions due to robust internal growth drivers, a sizable domestic economy, and a low dependence on goods trade, Moody’s Ratings said on Wednesday.
“Government initiatives to boost private consumption, expand manufacturing capacity, and increase infrastructure spending will help offset the weakening outlook for global demand,” the ratings agency said. It added, however, that export-linked sectors, such as automotives, remain exposed to global trade challenges, despite diversified operations.
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