Amitav Acharya

So I think if India can integrate itself more into the supply chain, and it can never be like the factory of the world like China is, but in terms of a combination of services, technology, and manufacturing combined package, India can do quite well.

I think it's a godsend blessing for Europe at the right time when they're facing all these tariffs and threats from the United States.

Because both India and the European Union are the receiving end of Trump.

For Indians, it's a bit of a surprise.

I mean, in the long term, because India has been very protectionist.

But I think it opens up Indian...

exports a lot more, creates a new market as a time when the American market is shrinking for Indians.

And so the European Union doesn't have 19% or 18% tariffs on Indian exports.

Indian exporters will be very happy to have that.

And also, there will be more investment with the European Union.

When it has the trade deal, it will be more investment coming into India as well.

It's a great opportunity for India and a very timely, but politically also.

Especially when the migration of Indians to the United States is under question because of all these restrictions of H-1B, but that's only one, all of the restrictions on migration.

When it comes to Europe, I think it will be agricultural products, textiles, and mechanical goods.

But I think ultimately we will see India moving up the supply chain, just like China did, and also provide Europe with a whole range of products.

It could be minerals.

But I think, to me, the India-EU deal is a very political thing.

I mean, the importance, significance is more political than economic.

Suddenly, you have the psychological effect of creating such a large market between the European Union is a considerable economic power.

And there is India.