India can win big from inevitable $350-550bn exports moving out of China: Credit Suisse
India could potentially be one of the big winners ...
India could potentially be one of the big winners from the US-China trade war, according to a Credit Suisse survey of 100 companies with global sales of $1 trillion that projects $350-550 billion of exports will shift out of China and that this is “inevitable even if slow”.
This survey insights land at the same time when US Commerce Secretary Wilbur Ross is saying in New Delhi that India has a “wonderful opportunity right now, to take advantage of trade dissension elsewhere”. $1 billion translates to approximately Rs 7,000 crore.