India must stop relying on the U.S.

• Claude Smadja, former MD of World Economic Forum, advises India to focus on Asian markets due to their growth potential.

• He argues that Japan and other Asian countries are seeking greater relationships with India.

• Smadja warns of a lack of ‘fairness’ or’morality’ in the current U.S. administration, urging for countermeasures, safeguards, and increased relationships with other countries.

• He warns of a 50% chance of the U.S. recession by the end of 2025 if President Trump continues his current actions.

• Smadja criticizes Trump’s transactional approach, stating that every country or leader is an interlocutor.

• He warns of India’s complicated single window clearance system, making it a tough market to enter for global investors.