Citi, BofA: India's Global Role Strengthens, China+1 Strategy Returns After US Trade Deal

• Global banks Citi and Bank of America (BofA) signal a major positive shift for India following a trade deal with the US.
• Citi states the deal eliminates geopolitical isolation risks, strengthening the 'China+1 manufacturing thesis' and boosting FDI/FPI.
• The US-India trade agreement includes reducing US tariffs from 25% to 18%, enhancing India's competitive edge.
• BofA highlights potential for India to increase US imports by up to USD 500 billion and a significant drop in effective US tariffs.
• The deal is expected to benefit export-oriented industries, improve global market access, and narrow the gap between policy and implementation in key sectors.

Why It Matters: US-India trade deal removes geopolitical risks, boosts investment, and positions India as a key manufacturing hub.