India is contemplating the possibility of zero-duty imports from the US in different sectors, including those covered by the PLI scheme, in a bid to fast-track a bilateral trade deal and undo reciprocal tariffs. However, this proposal comes with a condition of stringent rules of origin, mandating a 30-40% value addition. This move aims to strengthen trade relations between the two countries and boost economic cooperation. By considering such measures, both India and the US could potentially benefit from increased trade volume and enhanced market access. It remains to be seen how this proposition will impact various industries and sectors in both nations, and whether it will pave the way for a more comprehensive trade agreement in the near future.