Industry leaders across sectors have welcomed the India–US trade deal, saying the agreement will strengthen strategic and economic ties between the two countries while opening up new avenues for investment, manufacturing, and collaboration.
Reacting to the development, Kumar Mangalam Birla, Chairman of the Aditya Birla Group, said the reduction in tariffs would help deepen bilateral economic engagement and support long-term growth for both nations.
In a social media post, Birla congratulated Prime Minister Narendra Modi and US President Donald Trump on the trade agreement, saying the move would strengthen strategic and economic ties between the two countries and create additional opportunities for investment and collaboration.
He noted that the Aditya Birla Group is the largest Indian investor in the United States and said the agreement would help build more resilient supply chains, unlock manufacturing opportunities, and enhance long-term economic competitiveness in both economies. Birla added that the group remains committed to expanding its presence and investments in the US, citing significant opportunities for innovation, growth, and enduring partnerships.
Anand Mahindra, Chairman of the Mahindra Group, also welcomed the deal, describing it as an example of the benefits of “making haste slowly.” He said that once the initial noise subsides, India and the United States — as natural partners — will continue to come together through constructive engagement.
The India–US trade deal was finalised on February 2 following discussions between the leadership of both countries. After the announcement by President Trump and Prime Minister Modi, the reciprocal tariff imposed by the US on Indian goods was reduced to 18 per cent from 25 per cent. In addition, the US removed the extra 25 per cent punitive levy that had been linked to India’s purchase of Russian oil, a move expected to ease trade pressures and improve the overall business environment.
Welcoming the agreement, Sudarshan Venu, Chairman of TVS Motor Company, said the deal reflects a shared intent to progressively lower tariffs and non-tariff barriers. He said this approach could deepen supply-chain integration, enable faster technology collaboration, and attract investment into advanced manufacturing.
Venu added that India has now secured several strategic trade agreements with key global partners, and that in a challenging international environment, predictability and openness in trade help Indian industry scale up, innovate, and create jobs.
Industry leaders said the agreement is expected to boost investor confidence, strengthen manufacturing cooperation, and further reinforce India–US economic relations. (ANI)
