Aditya Birla group Chairman Kumar Mangalam Birla on Monday said the one factor that could disproportionately influence the course of the year is the T factor—The Trump Factor - that holds the potential to reshape geopolitical dynamics, with profound implications for the global economy and business. Birla said the US has long been the most significant market for the group outside India, with investments exceeding $15 billion, including a $4 billion greenfield expansion currently underway. “I remain confident that the enduring strength of the India-US relationship will continue to deepen in the years ahead,” he said in his 'Annual Reflections'. “The US economy’s dynamism remains unmatched, and our ongoing investments will contribute to the revitalization of its growing manufacturing sector. As Warren Buffett aptly put it, ‘Never bet against America’,” Birla said. Birla said the renewed global push for manufacturing is a welcome shift, signalling a move towards greater resilience and diversification in global supply chains. India, often underappreciated for its industrial capabilities, is poised to seize this moment, he said. The migration of Apple’s ecosystem to India is emblematic of this transition; soon, a quarter of the world’s iPhones could be made in India, Birla said. “India’s automobile ecosystem, too, has matured into a global powerhouse, exporting components and vehicles to markets worldwide,” he said.
