Why The India-US Trade Deal Is A Win for Indian Industry
Market experts say the India-US trade deal is a broad-based win for Indian industry and markets, with export-oriented sectors like textiles, leather, gems and jewellery, chemicals and food products emerging as key beneficiaries after tariffs were cut to 18%. India’s lower tariff compared to peers such as China, Vietnam and Bangladesh strengthens its global competitiveness and boosts the China-plus-one narrative.
