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Monthly Ecocapsule_Nov’24: Will Global Volatility Play a “Trump Card” on Indian Stability?

The Report chalks out the possible ramifications of the election of Mr. Trump for a second time. Expounding on how the economic realities of CY17 and CY25 are vastly different, it raises questions on how policymaking and politicking could change. Spelling out the risks of excess protectionism, it highlights the near term impact on commodities and currencies, concluding the durable impact may only be known once actual policies trickle down to the wider economy. The Report argues that India has started its preparations for this new era, and potentially stands to benefit from re-ordering of global manufacturing supply chains.

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