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Searched Tag: us tariff effect on automotive industry

Exports of auto components grew by 8 per cent to USD 22.9 billion (₹1,92,346 crore) in FY25 from USD 21.2 billion (₹1,75,960 crore) in FY24

‘US tariffs disadvantageous for Indian auto, tyre industries'

August 2, 2025, 01:19 PM - 2 min read

Rating firm ICRA has said US tariff hike places Indian manufacturers at a disadvantage compared to Asian peers such as Japan, Vietnam, and Indonesia, which face lower or preferential duties

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