Trump's 25% India tariffs just dropped—which 3 stocks could DOUBLE if Modi's manufacturing push succeeds?

The 25% tariff imposed by the US on Indian goods is likely to have short-term challenges for the Indian manufacturing sector, but it also presents an opportunity for domestic manufacturers to become more competitive and increase their market share in the global supply chain. Here are three manufacturing stocks that could potentially double in value if Modi's manufacturing push succeeds:

1. **Adani Group**: Adani Group is a conglomerate with interests in infrastructure, renewable energy, and manufacturing. The group has been expanding its manufacturing capabilities and has announced several projects to boost domestic production. If Modi's push for self-reliance and domestic manufacturing leads to increased investment and growth in the sector, Adani Group could benefit significantly.
2. **Bharat Dynamics**: Bharat Dynamics is a state-owned enterprise that specializes in the design, development, and manufacture of defense equipment. The company has been recognized for its contributions to the defense sector and has seen increased investor optimism due to Modi's advocacy for Made in India defense equipment.
3. **Lumax Auto Technologies**: Lumax Auto Technologies is a leading player in the automotive components industry. The company has been expanding its product portfolio and increasing its exports. With the US being one of India's largest buyers of automotive components, Lumax Auto Technologies could benefit from the tariff hike and the potential shift in global manufacturing trends towards India.

However, it's important to note that while these stocks have the potential to benefit from Modi's manufacturing push, there are also risks associated with the tariffs and the competitive landscape. Investors should conduct thorough due diligence and consider the potential risks before making investment decisions.