India’s top industrialists have erupted in praise for the historic India-US trade deal, which dramatically cuts tariffs on Indian exports to 18% from 50%. This pact, forged through persistent diplomacy, is set to supercharge bilateral trade and investment flows.
On social media, Anand Mahindra of Mahindra Group reflected philosophically: ‘Slowly but steadily wins the race. Natural allies unite when distractions fade.’ His post underscores the quiet determination that led to this breakthrough.
Kumar Mangalam Birla of Aditya Birla Group lauded PM Modi and President Trump, predicting strengthened strategic bonds and fresh investment prospects. His group eyes deeper US penetration, capitalizing on America’s innovative ecosystem to fuel expansion.
NSE’s Ashishkumar Chauhan labeled the development a ‘major victory’ for commerce, supply chains, and enduring partnerships. The tariff drop, following high-level talks, is a welcome relief in turbulent global markets, fostering smoother business operations across borders.
Dr. Anish Shah from Mahindra detailed the deal’s merits, spotlighting the immediate 50% to 18% cut and commitments to phase out further hurdles. ‘This infuses growth acceleration and investment certainty into our economy,’ he said, perfectly timed with India’s rising GDP momentum.
PM Modi’s announcement lit up the narrative: ‘Made in India’ now enjoys competitive 18% US duties. His engaging exchange with Trump highlights the power of democratic giants uniting for mutual gain, opening doors to unprecedented collaboration.
With Trump affirming the accord, expectations are sky-high. Modi stressed the role of such alliances in promoting worldwide stability and affluence, pledging India’s support for US-led peace efforts. Industry leaders see this as a catalyst for exponential trade growth and shared prosperity.