New Delhi, April 5 -- New Delhi: In the immediate aftermath of the new US tariffs, India's response has been twofold: to seek new opportunities in the changing world order, and re-evaluate its manufacturing strategy.

US President Donald Trump's additional 26% tariff on Indian imports into the US hits at the protection the Union government offers to domestic products from competing imports-one of two key elements of the country's manufacturing strategy; the other is incentives linked to production.

The two elements are key to Prime Minister Narendra Modi's vision for making India a developed nation-or Viksit Bharat-by 2047, a century since Independence.

On Friday (Thursday in the US), Trump's administration recalibrated its reciprocal t...