The impact of new LNG supplies on India's economy can be significant in a number of ways:

• Reduced dependence on traditional fuels: India's economy is heavily dependent on oil imports, and a shift towards LNG can help reduce this dependence. This could lead to improved energy security and reduced volatility in fuel prices.
• Increased energy access: LNG can be used for power generation, which could improve access to electricity in rural and remote areas of India.
• Improved environmental performance: Compared to coal, LNG has a lower carbon footprint and can help India meet its climate goals. This could also lead to improved air quality in cities.
• Boost to trade relations: A potential revival of the Trump-era deal could improve trade relations between India and the US, and lead to increased investment and job creation in India.
• Increase in foreign exchange reserves: LNG imports are typically paid for in foreign currency, which can help boost India's foreign exchange reserves.

Overall, the increased supply of LNG could have a positive impact on India's economy and help address some of the country's energy and environmental challenges.