India Can Weather US Tariffs By Being Cost-Competitive, Says Neelkanth Mishra
Axis Bank Chief Economist Neelkanth Mishra said that to make up for the five percentage points gap in India's tariff differential with Asian peers, Indonesia and Vietnam, the country needs to make its manufacturing more cost-competitive in areas like apparel and footwear. Mishra sees exporters to be less impacted by the tariff costs that will be passed on to American consumers.
