President-elect Donald Trump will officially take office on January 20, with an inauguration ceremony scheduled Friday at the US Capitol Building in Washington, DC.Trump's tenure as US President will be marked by uncertainties involving disruptive policymaking in order to protect jobs for US natives. He is likely to formulate the policies to retain manufacturing jobs in the US.He has promised to lower corporate tax rates to preserve factory jobs inside the United States , while threatening harsh penalties for companies that produce goods overseas to save on labour costs.Here's is Trump presidency's likely impact on Indian industries:We feel IT and Pharma would be affected adversely due to his protectionist policies.Speaking of IT & IT-enabled services, Donald Trump's central theme has been to tighten the immigration laws to push for companies to invest and hire more in the US.A recent re-introduction of bill to prevent companies from hiring H-1B visas is testimony of the changing times. The fear of a stringent immigration policy under Trump is not completely ruled out.This is evident from his recent appointments who are known to be strong advocates for tighter immigration laws. However, the silver lining is, if the US economy grows through corporate tax cuts or other strategies and the employment grows quickly, there will be demand for IT & back offices services, thus increasing the opportunities as well.Pharma industry may also be partly affected. Trump has highlighted high prices of drugs and manufacturing overseas as a concern for his administration and warned that he would create fresh bidding procedure for government programs.However, we don't anticipate larger impact given the share of Indian drug manufactures in value terms.We anticipate increase in prices of industrial metals in the backdrop of rising infrastructure spends in US which is expected to the tune of USD 1 trillion. This will lead to inflationary pressures in India We expect positive developments as Trump may dilute the regulations for the US fracking industry, thus reducing the average cost of production for shale gas.This will encourage more shale gas production from US firms which would keep the crude oil prices in check despite production cuts from OPEC & Non-OPEC countries.Now talking of global fund flows to India, we have already seen an exodus of funds from emerging markets including India to US. This includes flows both from debt and equity markets due rising yields as a result of fiscal expansion and monetary tightening policies.On the global concerns not affecting India per se, The President elect has plans to renegotiate or re-evaluate all the foreign trade policies say North American Free trade Agreement (NAFTA) or Trans Pacific Partnership (TPP).New trade agreements will be negotiated that provide for the interests of US workers and companies first. This would negatively impact countries like Mexico, Canada, China etc.(The author is MD & CEO, Axis Securities. Views and recommendations expressed in this section are his own and do not represent those of ETMarkets.com. Please consult your financial advisor before taking any position.)