New Delhi, Aug. 1 -- New Delhi: India should continue to focus on manufacturing for the world, but with a more diversified "US-plus" export market, even as President Donald Trump's 25% tariff and an unspecified penalty for trade with Russia have bared vulnerabilities, said experts.

"The latest set of tariff announcements has indeed exposed vulnerabilities in export-dependent growth models, necessitating a strategic recalibration of India's manufacturing framework," said Rishi Shah, partner and economic advisory services leader, Grant Thornton Bharat. "Our 'Make in India' initiative's emphasis on scaling production capacity remains fundamentally sound, but the current trade environment underscores the need for a more nuanced approach cent...