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Trump tariffs won't impact India, barring some sectors and stocks, says Prashant Jain


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In an interview with Moneycontrol, Prashant Jain, the Executive Director and Chief Investment Officer at HDFC Asset Management Company, discussed the potential impact of US President Donald Trump's tariffs on India. Jain stated that while the tariffs might affect specific sectors and stocks, the overall impact on India would be minimal. He highlighted that India's economy is largely driven by domestic consumption and investment, which would help cushion the country from the effects of the tariffs. Jain also mentioned that sectors like metals and certain export-oriented industries could face challenges, but he remains optimistic about India's growth prospects, emphasizing the importance of focusing on domestic economic factors rather than external trade tensions.

Read the Full Moneycontrol Article at:
[ https://www.moneycontrol.com/news/business/markets/trump-tariffs-won-t-impact-india-barring-some-sectors-and-stocks-says-prashant-jain-12982127.html ]

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