Apple boosts India's factory hopes - but a US-China deal could derail plans

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Apple boosts India's factory hopes - but a US-China deal could derail plans - BBC Business

Quick Summary:

The US-China trade "reset" could stall the manufacturing investment coming into India, say experts.

Without that, India's share stays small, and the export numbers go up only on paper -possibly triggering more scrutiny from the US without real economic gain for India," Mr Srivastava said.

Nomura, a Japanese broking house, also pointed to growing "anecdotal evidence" of India emerging as a winner from "trade diversion and supply-chain shift in low and mid-tech manufacturing" particularly in sectors like electronics, textiles and toys.