Mark Mobius: U.S.-India Trade Deal Is 'Very Significant' for Investor Confidence

Mark Mobius emphasized the critical importance of a U.S.-India trade agreement in boosting investor confidence. In an exclusive conversation with Siddharth Zarabi, Group Editor of Business Today, Mobius said the deal would be "very, very significant" not just for tariffs, but also for reducing non-tariff barriers that currently deter companies looking to manufacture in India. He stressed that easing these restrictions would allow firms to import necessary machinery and components, paving the way for increased production. Mobius believes that if implemented, such reforms could significantly enhance India’s investment climate.