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India Can Take Advantage of US-China Trade War to Attract Investment

Male [Maldives], Sept 3: Amid rising concerns over falling growth of Indian economy, US-India Business Council (USIBC) President and former assistant secretary State Nisha Biswal has said India can take advantage of China-US trade to push investments but it has to do more to attract investments.

Talking to ANI on the sidelines of Indian Ocean Conference, Biswal said: “We are in a global environment where we are seeing economic headwinds around the world in major economies. In the midst of that, it’s not surprising India is also facing some challenges. I think India could be a beneficiary in a global environment where companies are hesitant to invest more in China because they are looking for a trade war between the US and China.  To resolve itself they should be looking more aggressively at India but they are not as ambitious as India needs to do more to attract those companies.”

 

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Source: ANI