The India Business Briefing newsletter highlights potential developments in US-India trade relations, with a possible interim deal anticipated before Trump’s tariff implementation on July 8. Notably, Apple is increasing manufacturing in India, with Foxconn investing $1.5 billion in a new plant, while Asian Paints faces significant challenges, including a 45% drop in profits and increased competition, prompting Reliance to seek buyers for its stake in the company. Overall, India’s efforts to attract multinational companies are yielding results in the electronics sector, despite struggles in other industries.
