Mumbai, April 3, 2025 – The U.S. has recently imposed a 26% tariff on Indian imports, raising concerns over its potential economic impact. However, Venugopal Garre, Managing Director and India Head of Research at Bernstein, remains optimistic about India’s ability to handle these challenges. He highlighted that despite the risks, India’s strong economic foundation and its growing presence as a global manufacturing hub will help mitigate the effects of these tariffs.
Garre further pointed out that the Indian government is actively negotiating with U.S. counterparts to address the tariff concerns. He also emphasized that India’s continuous infrastructure development and focus on public-private partnerships will strengthen its resilience against external trade pressures, ensuring long-term economic stability.
