US-India trade deal: Industry ready for any outcome, says CII chief; flags sectoral risks, supports government stand
As the deadline for US-imposed reciprocal tariffs approaches, Indian industry prepares for any outcome from trade talks. CII President Rajiv Memani emphasizes India’s commitment to national interests, stating that any agreement must benefit both nations. While a deal could boost sectors like IT and pharma, failure may impact automotive and garment industries, highlighting the need for enhanced competitiveness.