Wednesday, September 17, 2025

US tariffs to hit 8 pc of India's auto component output: Report

Icra reports that new US tariffs may impact about 8% of India's auto parts output. Indian exporters face a disadvantage compared to other Asian nations. This highlights the need for an India-US trade deal. Auto component exports contribute significantly to industry revenue. The US accounts for a large portion of these exports.

from Auto-Industry-Economic Times https://ift.tt/woGk97X

No comments:

Post a Comment

Maruti Suzuki announces price protection for small cars booked till June 14

Maruti Suzuki India is offering price protection on its small car range until June 14, 2026. This initiative aims to shield entry-level buye...