Contrary to the other opinion, Dr. Vikas Gupta, CEO & Chief Investment Strategist at OmniScience Capital, does not foresee an impact for India as we are not a major exporter of semiconductors. Indian Auto sector is a user of semiconductors, and again, the tariffs in US imports are unlikely to have any impact on Indian companies, he said.
He advised investors in the auto space to stick to domestically focused companies or companies with low exposure to the US markets.