New Delhi, Aug. 20 -- Uday Kotak has joined the chorus calling on the Centre to channel budgetary support towards MSMEs, in order to brace against impact from United States President Donald Trump's hiked tariffs.

Speaking to the Financial Times (FT), the billionaire industrialist and founder of Kotak Mahindra Bank, said the development is an "opportunity" for India to "get out of our comfort mindset" and expand support for small and medium entreprises.

Uday Kotak said the hiked US tariffs came as a "major shock" to many Indians, who "woke up" to the impact of Donald Trump's trade war on the domestic economy. "We (India) must think about this as an opportunity for us to get out of our cruise mindset and from a comfort mindset to 'we are ...