[ad_1]
India is not decoupled from Donald Trump’s tariff risks but it is in a good spot to take over the supply chain from China, says Mark Mobius, chairman of Mobius Emerging Opportunities Fund. The veteran investor believes that India needs to act quickly to take advantage of the global supply chain shift away from China.
In an interview with ET, Mobius said that India needs to swiftly reduce bureaucratic hurdles in investment and trade processes.
‘India in a very good spot’
Asked whether India can remain protected from the trade war, Mobius said, “Everybody is in the same soup. Nobody can generally escape. India will be entangled more in the global trade war because it will become a major supplier going forward.”
“India is in a very good spot. It is in a position to take over the supply chain from China. But India has got to move quickly to liberalise the system for investment and also liberalise its trade system,” Mobius said.
Also Read | Elon Musk’s Tesla eyes India to diversify its global supply chain; in talks with CG Semi, Micron
According to Mobius, for companies to engage in exports, they need seamless access to import machinery and essential components. Currently, the complex bureaucratic procedures in India make this process challenging for businesses, he opines.
Simplifying these administrative processes would attract international corporations like Apple to establish manufacturing facilities and commence production operations in India, he added.
Global Stock Market & US Economy Outlook
Regarding market uncertainties stemming from Donald Trump’s inconsistent tariff policies, he said that the situation remains complex. “He (Trump) has got a pile of trade deals to sort out before his 90-day timeout on some tariffs runs out. And let’s face it, when you are negotiating, you have to give something to get something. People who have worked on trade deals in the past say this kind of rushed timeline brings all sorts of complications and roadblocks.So, brace yourself, the market is likely to get even shakier,” he warned.
Regarding the US economic outlook, Mobius said that a recession appears likely, particularly due to insufficient money supply growth. However, this downturn is expected to be relatively brief, lasting approximately one quarter. The Trump administration will likely implement measures to prevent a prolonged economic decline, he said.
Also Read | Apple looks to manufacture more iPhones in India as Trump’s tariffs hit China harder: Report
‘China in big trouble’
According to Mobius, China is in ‘big trouble’. He is of the view that China faces significant economic challenges at present. The nation has developed remarkable infrastructure throughout the country, yet finds itself vulnerable due to its heavy reliance on US trade relations, he cautioned.
“They are trying to get around it by transhipping to other countries like Vietnam and even India. The US realises that and is cracking down on China’s behaviour. Internally, China also has its own set of challenges, particularly between China and Taiwan, adding to the uncertainty. We are cautious about China because of the trade war, and the geopolitical tensions only make the outlook more uncertain,” he said.
[ad_2]
Source link
About the author
Designing Thug Life: Amritha Ram on Styling Kamal Haasan
Costume design in Indian cinema often dances between fantasy and realism. But in Thug Life, Amritha Ram collaborates with cinematic icons Kamal Haasan and Mani Ratnam to craft a fashion-forward yet character-driven wardrobe that breaks norms. In an exclusive with ETimes, Amritha reveals how meticulous planning, storytelling, and visual language drove her designs. Tip 1: Collaboration Is the Key to Vision When asked what excited her most about working on Thug Life, Amritha simply said, “Two names: Kamal Haasan and Mani Ratnam.” The sheer reputation of these legends shaped her approach. Mani Ratnam was clear about the film’s visual tone—stripping away Bollywood glamor for something minimalistic yet powerful. “Mani sir guided me all the way. He knew exactly what he wanted,” she shared. Working with Kamal, who understands fabric, dyeing, and even costume history, was a learning curve. His feedback […]
If It Happened There: Donald Trump sends central troops to quell protests in opposition-ruled California | World News
[ad_1] Protesters confront police on the 101 Freeway near the Metropolitan Detention Center of downtown Los Angeles, Sunday, June 8, 2025, following last night's immigration raid protest. (AP Photo/Jae C. Hong) Note: The following piece is inspired by Joshua Keating’s If It Happened There which uses tropes and tones normally used by American media to describe events in other countries. The facts presented deal with as much exactitude and accuracy as an American media outlets’ reporting about a foreign country.Los Angeles, Mexican for the city of angels, is home to Hollywood – America’s answer to Bollywood – and a city where starstruck aspirants come with the dream of being immortalised on the silver screen. Yet, the city, which falls under America-administered California, an opposition state which overwhelmingly voted for Mr Donald Trump’s rival from the Democratic Party, Ms Kamala Harris, […]
Apple prepares for new ‘Games’ app as domain goes live ahead of WWDC 2025 keynote
[ad_1] Apple is expected to launch iOS 19 (or rumoured iOS 26) and one of new features that is reported to come is a new Apple Games app. Apple appears to be laying the groundwork for this new application, which is said to curate games from the App Store and Apple Arcade, as a domain purportedly leading to the platform has gone live.As per a report by 9to5mac, the company's new games.apple.com domain has just gone live. However, it is currently displaying a blank page, signaling imminent content.This shift from a "Safari Can’t Find The Server" error message to a blank white page strongly suggests Apple is preparing to push content to the URL very soon, potentially coinciding with the conclusion of the Worldwide Developers Conference (WWDC) keynote.What Apple’s new Games app is all aboutWhile the exact function of the […]
MS Dhoni inducted into ICC Hall of Fame | Cricket News
[ad_1] MS Dhoni, former India cricket captain, has been inducted into the ICC Cricket Hall of Fame, recognizing his extraordinary career spanning 16 years with 17,266 international runs, 829 dismissals and 538 matches across formats for India. The wicketkeeper-batsman revolutionized the sport through his unique playing style, tactical leadership and achievements including winning all three ICC men's white-ball titles as captain. "It is an honour to be named in the ICC Hall of Fame, which recognises the contributions of cricketers across generations and from all over the world. To have your name remembered alongside such all-time greats is a wonderful feeling. It is something that I will cherish forever," Dhoni said about his induction. Dhoni's journey began in 2004 when he made his ODI debut. Though he was dismissed for a duck in his first match, he soon announced his […]
160-million-year-old blue-stain fungi in China found to be harmful to trees |
[ad_1] In a groundbreaking discovery, researchers have uncovered 160-million-year-old blue-stain fungi fossils from the Jurassic Tiaojishan Formation in China. The new findings offer fresh insights into the ecological relationships between blue-stain fungi, plants, and insects during the Jurassic period. These fungi are generally nonfatal to their hosts but often accelerate tree mortality when associated with wood-boring insects.According to ScienceDaily, a Chinese team of scientists highlights the discovery of well-preserved blue-stain fungal hyphae within Jurassic fossil wood from northeastern China, pushing back the earliest known fossil record of this fungal group by approximately 80 million years.Know about the blue-stain fungi, deadly to treesBlue-stain fungi are known for their ability to colonize wood, particularly in conifer trees, causing characteristic discoloration in the sapwood. While these fungi do not decompose wood, they often cause considerable damage when associated with wood-boring insects. Their role […]
America burning: LA reels under anti-immigration protests for third straight day despite Trump’s National Guard order
[ad_1] Multiple Waymo taxis burn near the Metropolitan Detention Center of downtown Los Angeles, following last night's immigration raid protest. (Video credit: X) For the third night in a row, downtown Los Angeles became the epicentre of chaos and confrontation as protests against US President Donald Trump's immigration crackdown boiled over into violence, with police deploying tear gas, rubber bullets, and flashbangs to subdue demonstrators. Protesters set self-driving cars ablaze, blocked the 101 freeway, and clashed with law enforcement late into Sunday night, leaving parts of the city scorched and on edge.The flashpoint came after Trump took the extraordinary step of deploying the National Guard to California without the consent of the state's governor, an act not seen in decades. More than 300 troops arrived over the weekend, with 2,000 authorised and 500 US Marines on standby.Meanwhile, California governor Gavin […]
Related
Designing Thug Life: Amritha Ram on Styling Kamal Haasan
Costume design in Indian cinema often dances between fantasy and realism. But in Thug Life, Amritha Ram collaborates with cinematic icons Kamal Haasan and Mani Ratnam to craft a fashion-forward yet character-driven wardrobe that breaks norms. In an exclusive with ETimes, Amritha reveals how meticulous planning, storytelling, and visual language drove her designs. Tip 1: Collaboration Is the Key to Vision When asked what excited her most about working on Thug Life, Amritha simply said, “Two names: Kamal Haasan and Mani Ratnam.” The sheer reputation of these legends shaped her approach. Mani Ratnam was clear about the film’s visual tone—stripping away Bollywood glamor for something minimalistic yet powerful. “Mani sir guided me all the way. He knew exactly what he wanted,” she shared. Working with Kamal, who understands fabric, dyeing, and even costume history, was a learning curve. His feedback […]
If It Happened There: Donald Trump sends central troops to quell protests in opposition-ruled California | World News
[ad_1] Protesters confront police on the 101 Freeway near the Metropolitan Detention Center of downtown Los Angeles, Sunday, June 8, 2025, following last night's immigration raid protest. (AP Photo/Jae C. Hong) Note: The following piece is inspired by Joshua Keating’s If It Happened There which uses tropes and tones normally used by American media to describe events in other countries. The facts presented deal with as much exactitude and accuracy as an American media outlets’ reporting about a foreign country.Los Angeles, Mexican for the city of angels, is home to Hollywood – America’s answer to Bollywood – and a city where starstruck aspirants come with the dream of being immortalised on the silver screen. Yet, the city, which falls under America-administered California, an opposition state which overwhelmingly voted for Mr Donald Trump’s rival from the Democratic Party, Ms Kamala Harris, […]
Apple prepares for new ‘Games’ app as domain goes live ahead of WWDC 2025 keynote
[ad_1] Apple is expected to launch iOS 19 (or rumoured iOS 26) and one of new features that is reported to come is a new Apple Games app. Apple appears to be laying the groundwork for this new application, which is said to curate games from the App Store and Apple Arcade, as a domain purportedly leading to the platform has gone live.As per a report by 9to5mac, the company's new games.apple.com domain has just gone live. However, it is currently displaying a blank page, signaling imminent content.This shift from a "Safari Can’t Find The Server" error message to a blank white page strongly suggests Apple is preparing to push content to the URL very soon, potentially coinciding with the conclusion of the Worldwide Developers Conference (WWDC) keynote.What Apple’s new Games app is all aboutWhile the exact function of the […]
MS Dhoni inducted into ICC Hall of Fame | Cricket News
[ad_1] MS Dhoni, former India cricket captain, has been inducted into the ICC Cricket Hall of Fame, recognizing his extraordinary career spanning 16 years with 17,266 international runs, 829 dismissals and 538 matches across formats for India. The wicketkeeper-batsman revolutionized the sport through his unique playing style, tactical leadership and achievements including winning all three ICC men's white-ball titles as captain. "It is an honour to be named in the ICC Hall of Fame, which recognises the contributions of cricketers across generations and from all over the world. To have your name remembered alongside such all-time greats is a wonderful feeling. It is something that I will cherish forever," Dhoni said about his induction. Dhoni's journey began in 2004 when he made his ODI debut. Though he was dismissed for a duck in his first match, he soon announced his […]
160-million-year-old blue-stain fungi in China found to be harmful to trees |
[ad_1] In a groundbreaking discovery, researchers have uncovered 160-million-year-old blue-stain fungi fossils from the Jurassic Tiaojishan Formation in China. The new findings offer fresh insights into the ecological relationships between blue-stain fungi, plants, and insects during the Jurassic period. These fungi are generally nonfatal to their hosts but often accelerate tree mortality when associated with wood-boring insects.According to ScienceDaily, a Chinese team of scientists highlights the discovery of well-preserved blue-stain fungal hyphae within Jurassic fossil wood from northeastern China, pushing back the earliest known fossil record of this fungal group by approximately 80 million years.Know about the blue-stain fungi, deadly to treesBlue-stain fungi are known for their ability to colonize wood, particularly in conifer trees, causing characteristic discoloration in the sapwood. While these fungi do not decompose wood, they often cause considerable damage when associated with wood-boring insects. Their role […]
America burning: LA reels under anti-immigration protests for third straight day despite Trump’s National Guard order
[ad_1] Multiple Waymo taxis burn near the Metropolitan Detention Center of downtown Los Angeles, following last night's immigration raid protest. (Video credit: X) For the third night in a row, downtown Los Angeles became the epicentre of chaos and confrontation as protests against US President Donald Trump's immigration crackdown boiled over into violence, with police deploying tear gas, rubber bullets, and flashbangs to subdue demonstrators. Protesters set self-driving cars ablaze, blocked the 101 freeway, and clashed with law enforcement late into Sunday night, leaving parts of the city scorched and on edge.The flashpoint came after Trump took the extraordinary step of deploying the National Guard to California without the consent of the state's governor, an act not seen in decades. More than 300 troops arrived over the weekend, with 2,000 authorised and 500 US Marines on standby.Meanwhile, California governor Gavin […]
Be the first to leave a comment