India’s industry titans are buzzing over a fresh US trade pact that trims tariffs and unlocks doors for exports, jobs, and supply chain upgrades. Speaking in New Delhi on Tuesday, leaders from CII, PHDCCI, and AEPC outlined how the reciprocal tariff drop from 25% to 18%, plus the scrapping of Russia-oil related duties, will sharpen India’s edge on the world stage.
This isn’t mere paperwork—it’s a catalyst for manufacturing revival. CII’s Rajiv Memani called it a ‘big positive stride’ in strategic ties, showcasing intent to weave tighter bonds in trade, innovation, and capital flows. He foresaw collaborative efforts turning policy into prosperity.
Rajiv Juneja of PHDCCI highlighted cost savings that ripple through: slimmer expenses, resilient chains, moderated inflation, and relief for firms and families. Prime targets include manufacturing hubs, digital tech, medical services, and green energy pioneers.
Juneja linked the win to the Modi-Trump camaraderie, a trust multiplier for steady commerce.
Dr. A. Sakthivel of AEPC zoomed in on textiles, reeling under prior 50% US levies. As America’s top destination for Indian apparel, better access means booming orders, investment waves, and India cementing its supplier credentials.
Beyond exports, the sector’s role as a job engine shines: preserving roles, adding thousands—prioritizing women and hands-on laborers. The deal arrives at a critical juncture, potentially reshaping global trade dynamics and propelling India toward self-reliant industrial might with US as a key ally.