New Delhi, July 4 -- India could face lower tariffs compared to many Asia-Pacific (APAC) nations, a factor that may boost investment inflows and strengthen its position as a global manufacturing hub, Moody's Ratings said on Thursday.
In its latest outlook on Asia-Pacific sovereigns, Moody's Ratings suggested that India's favourable tariff position could enhance its appeal as a global manufacturing hub and attract greater foreign investment.
The report highlighted that several export-dependent APAC economies-including Vietnam and Cambodia-have recently been hit by steep US tariffs, particularly in April.
These developments, Moody's warned, are disrupting trade flows, complicating investment decisions, and posing both cyclical and struct...
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