Real estate tycoon Niranjan Hiranandani has said that the current tariff tensions with the US could become a turning point for India to evolve beyond its services-led economic model. He said India had for too long assumed the global balance of power would remain unchanged. "We took America for granted. We take the world for granted. We treat the status quo as granted. We do believe that the status quo of the world which happened since World War II is not going to change, that the bipolar situation which existed in the world would continue forever. Both of these have changed completely," he said while speaking to ANI's Smita Prakash. Advertisement

Referring to the new US administration led by President Donald Trump, he said: "The new US administration has made it very clear that you may b

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