New Delhi, April 10 -- Indian export leaders are optimistic that the ongoing US-China trade tensions could create significant opportunities for India in both trade and foreign investment, according to statements from key industry figures.

Ajai Sahai, Director General and Chief Executive Officer of the Federation of Indian Export Organisations (FIEO), believes that with Chinese imports facing 125 per cent duty in most sectors, "China will have no other option but to vacate the US market."

This could create opportunities for India in sectors where China currently holds over 25 per cent market share, such as textiles and footwear.

"US companies or other companies who were placed in manufacturing in China to cater to the US market will be ...