As India waits and watches, a plan is in the making to counter Trump’s tariff challenge

According to data from the commerce ministry, the total export value in sectors such as textiles, electronics, engineering goods and pharmaceutical products to the US increased from $38.84 billion in FY22 to $46.43 billion in FY24. During the ongoing fiscal year (April-December 2024), exports reached $37.05 billion, up from $33.16 billion in the corresponding period of the previous fiscal year.

As India waits and watches, a plan is in the making to counter Trump’s tariff challenge
According to data from the commerce ministry, the total export value in sectors such as textiles, electronics, engineering goods and pharmaceutical products to the US increased from $38.84 billion in FY22 to $46.43 billion in FY24. During the ongoing fiscal year (April-December 2024), exports reached $37.05 billion, up from $33.16 billion in the corresponding period of the previous fiscal year.