India’s passenger vehicle (PV) exports are unlikely to be materially affected by the recent round of US tariffs, according to credit ratings agency ICRA. This assessment follows US President Donald Trump’s announcement of reciprocal tariffs on 60 countries, including a 27% levy on Indian goods, to counter what he described as unfair trade practices.
Despite the headline figure, the automobile sector remains outside the purview...
India’s $283-billion IT sector is staring at a turbulent year ahead as fresh US tariff announced by President Donald Trump threaten to disrupt business confidence and consumer spending in its most critical market. While IT services themselves were not directly targeted, analysts say the ripple effects will be significant.
With the US accounting for over half of India’s $190 billion in software exports, any economic...
