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‘India is well positioned to negotiate and balance the commercial agreement with the United States. In most products, if tax rates decrease, agriculture expect, it will be much more beneficial for India, “said Ey India president Rajiv Memani.
Rajiv Memani, president of Ey India at the CNN-News18 Rising Bharat Summit 2025. (Image: News18)
Talking about the session India Ahoy: Earth of Opportunities In the CNN-News18 Rising Bharat Summit 2025, Rajiv Memani, president of EY India, said that India is well positioned to negotiate and balance the commercial agreement with the United States. “India is well positioned to negotiate and balance the commercial agreement with the US.
He added that few companies are full for the complex global rate situation. “Very few people can understand the situation of the global rate; everyone lives in a daily base,” he said. Memani said that the president of the United States, Donald Trump, remains determined to return manufacturing to the United States, “if it has to apply pressure on countries or colleagues.”
Highlighting the resulting uncertainty, Memani said: “It is creating uncertainty; people cannot make business investment decisions. Supply chains must be altered. Value chains must be redefined.” He added that emerging technologies such as artificial intelligence are creating additional interruptions, emphasizing: “The uncertainty that AI will create means that India has no choice but to observe big manufacturing.”
Hey also said that India should focus more on the value of national value to increase exports and improve the ease of doing business. “The emphasis on domestic added value has to be strengthened to take advantage of exports,” said Memani, added: “It takes time to companies to create capacity.”
Rahul Jain, MD and main partner; The BCG head in India said that some doubts are likely among investors are in the short term. “In the short term, there is uncertainty, investments will be slow. It emphasizes that the global macroeconomic challenges of despite, the internal consumption of India, will grow continuous. “Regardless of macro trends, whatever domestic consumption, which will grow,” he said.
Jain stressed that manufacturing would be key to India’s growth aspirations, adding: “If we want to grow from 8 to 9 percent, we need to grow in manufacturing.” He also emphasized the role of small and medium enterprises (SME) in the construction of an integrated industrial ecosystem. “This is a Maruti moment for the car; we have to build the entire ecosystem,” Jain said, referring to the wider thrust necessary in the sectors.
Karan Singh, President, Offices of India; The leader of the practice of sustainability and responsibility of APAC, Bain & Company, talked about how companies are sailing through a dynamic economic environment. “Customers are looking for alternative scenarios,” said Singh, highlighting Conerns about stagflation and the need to evaluate multiple global results. When commenting on the impact of Trump administration’s tariff policies, Singh said: “I will not say that all this is pessimism, but also a scope of opportunity.”
Singh emphasized that India must take advantage of the opportunities created by differential tariffs and strengthen its position in key industries. “If we can negotiate well with the United States in a commercial agreement, India can benefit from manufacturing. It can be a stir for the Indian economy,” he said. Singh also pointed out that India is already well positioned in sectors such as pharmaceutical products, and has a massive margin for capacity expansion. “Renewable energy, electronics and textiles must be the approach of India, which is unlikely to move from India,” he added. Referring to the electronic sector of India, Singh said: “Electronics is a good story in India, which has not yet played its maximum potential.”
In the evolutionary investment climate, Singh commented: “Apple will wait and see,” indicates how global companies are carefully evaluating India market conditions before making large investments.
The session underlined a consistent message: the moment of opportunity of India is now. With careful commercial negotiations, an impulse for the manufacturing scale, investment in emerging sectors and intelligent positioning in global supply chains, India could significantly accelerate its trip to become a global economic power.