A game-changing India-US trade agreement has Indian business magnates beaming, as tariffs on Indian products plummet to 18% from 50%. This diplomatic win fortifies economic synergies and signals robust future collaboration between the two nations.
Mahindra’s Anand Mahindra took to X with insight: ‘Progress through patience pays off. True partners emerge post the clamor.’ His observation mirrors the relief and excitement now palpable in boardrooms nationwide.
Aditya Birla’s Kumar Mangalam Birla congratulated the leaders, noting the tariff relief will cement strategic ties and spawn investment opportunities. Committed to US growth, his conglomerate views America as a fertile ground for innovation-driven ventures.
NSE CEO Ashishkumar Chauhan declared it a ‘landmark success’ for trade ecosystems and cross-border alliances. In a world of trade frictions, this immediate slash and phased barrier reductions offer stability and expansion potential.
Mahindra CEO Dr. Anish Shah praised the deal’s structure, from the sharp tariff cut to ongoing eliminations. ‘It propels development and equips firms with the foresight needed for bold investments,’ he affirmed, syncing with India’s dynamic growth story.
Prime Minister Modi broke the news: US tariffs on ‘Made in India’ goods are now 18%. Describing his Trump dialogue as outstanding, he emphasized benefits for people when major economies align, creating boundless cooperation avenues.
President Trump’s endorsement cements the pact’s reality. Modi underscored its global import for peace and progress, with India standing by Trump’s stabilizing efforts. For Indian industry, this is more than a deal—it’s a launchpad for global competitiveness.