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US president Donald Trump’s plan to levy import duty on steel and aluminium imports in the US could not only trigger a global trade war but would also force corporate India to redraw its growth plans.
Exports and globalisation have been an integral part of the growth plans of India’s top companies for the last two decades. The latest protectionist move by the US – the world’s largest economy – and India’s top trading partner now raises a question mark over corporate India’s conventional growth model that relied on treating the entire globe as a common market.
Not surprisingly corporate India is
