March 17, 2025 11:55 AM
Impact of US tariffs on India minimal as country diversifies exports: SBI report
The impact of US trade reciprocal tariffs on India will be minimal as the country has diversified its exports, pitched value addition, exploring alternate areas and works on new routes that transcend from Europe to the US via the Middle East, redrawing new supply chain algorithms, a new SBI Research report said on Monday. The decline in the exports is expected to be in the range of 3-3.5 per cent, which again should be negated through higher export goals across both manufacturing and services f...