When companies realized they needed to diversify away from China, India was the natural choice. Now, U.S. tariffs threaten that.

I don’t think the tariffs imposed on India will have an impact in terms of economic growth,' says S&P Global Ratings Director YeeFarn Phua

China's commerce ministry will continue anti-dumping tariffs up to 30.6% on single-mode optical fibre imports from India, initially due to expire, as it conducts a final review of an investigation initiated in 2013.