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

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