India is currently exploring the possibility of implementing zero-duty imports from the United States in multiple sectors, including those covered by the Production-Linked Incentive (PLI) scheme. This strategic move aims to accelerate the process of finalizing a bilateral trade agreement between the two nations and to potentially eliminate reciprocal tariffs. However, the implementation of this proposal is subject to strict rules of origin, mandating a 30-40% value addition requirement. By considering this offer, India aims to bolster its trade relations with the US and enhance economic cooperation between the two countries. Stay updated for further developments on this significant trade negotiation that could have far-reaching impacts on both nations’ economies.