India-US Trade Deal: Beyond Tariffs, Fortifying Ties & Global Supply Goals

• The India-US trade deal signifies deeper geopolitical alignment and boosts India's global manufacturing hub ambition.
• US tariff reduction on Indian imports to 18% and removal of punitive tariffs on Russian oil linked purchases de-escalates previous hardline stances.
• The deal is an economic win for India, with the US being its largest export market, benefiting sectors like textiles and pharmaceuticals.
• Geopolitically, the deal raises questions about India's strategic autonomy, particularly regarding its energy ties with Russia.
• The deal, alongside others with the EU and UK, positions India as a key manufacturing node in global supply chains, attracting companies diversifying from China.