India’s economy is projected to withstand the impact of the US imposing 26% tariffs on Indian imports, with government officials sticking to growth projections of 6.3%-6.8% for the 2025-26 fiscal year. Despite private economists lowering their forecasts, the economy remains resilient. The tariffs, though significant, are not expected to derail India’s economic progress. The Indian government is closely monitoring the situation and is prepared to take necessary measures to mitigate any potential negative effects. Experts believe that India’s diverse economy and strong domestic market will help cushion the impact of the tariffs. The country’s focus on increasing exports to other markets and reducing dependence on the US will also play a crucial role in minimizing any adverse consequences. Overall, India’s economic outlook remains positive, and efforts are being made to ensure sustainable growth and stability in the face of global trade challenges.

Posted in
JUST IN
India’s Economy Resilient to US Tariffs: Growth Projections Remain Strong for 2025-26 despite Challenges
In Trend

India’s Stock Market Plunges Over 4% as BSE Sensex and Nifty50 Drop; Tata Steel and Infosys Stocks Hit.
