Mumbai — Maharashtra Chief Minister Devendra Fadnavis commented on the ongoing global tariff developments, stating that while some sectors may face challenges, the overall outlook presents emerging opportunities for Indian businesses.
“Tariffs will impact us in some areas, but overall, a business opportunity is also being created for us because of the tariffs,” Fadnavis said while addressing the media. “We are trying to assess that business opportunity and move in that direction.”
He noted that although the initial impact may be moderate, market sentiment is showing signs of resilience. “I think overall, if we see its impact, there will be a moderate impact. Initially, we think so, and that is why the market is gradually improving,” he added.
Fadnavis’ remarks come amid cautious optimism in the financial sector, as India explores avenues to leverage shifting global trade dynamics in its favor.
