ETMarkets Smart Talk: India’s US & EU trade deals reduce geopolitical risk for investors, says Pradeep Gupta

India's recent trade agreements with the US and EU are reducing geopolitical risk, strengthening its investment case. The Budget prioritizes structural growth through public capex and industrial policy, not short-term consumption, benefiting infrastructure and manufacturing sectors. Markets reacted nervously to STT hikes and lack of consumption triggers, overlooking the improved strategic backdrop for foreign capital.