Amid the disruption caused by US President Donald Trump's tariff measures, Venkatramanan Anantha Nageswaran, Chief Economic Advisor to the Government of India, emphasized the need for businesses and investors to focus on India's economic strengths.
Nageswaran highlighted India's large domestic consumption-based economy and the growth of services exports as factors that contribute to its economic stability.
He stated that India is well-positioned to sustain decent real GDP growth rates despite global uncertainties and geopolitical tensions.
Nageswaran suggested that disruptions can lead to rethinking economic models and strategic relationships, and India is strategically focused on maximizing its options.