India-US BTA to Boost Digital Infrastructure with Semiconductor Access

• Commerce Ministry assures Parliament: India's agri sector protected in US interim agreement, no tariff concessions on key products like rice, wheat, poultry, dairy.
• Limited, carefully calibrated tariff concessions offered on select agri products, safeguarding domestic sensitivities via quotas, phased concessions, and partial duty cuts.
• US to provide preferential market access for Indian goods, creating opportunities for Indian farmers in the large American import market.
• Interim Agreement to strengthen India's digital infrastructure by ensuring access to advanced semiconductor chips, server components, and critical technologies for data centers and Digital India.
• India to receive concessions for products affected by Section 232 investigations; US to remove additional tariffs on certain aircraft, parts, and provide preferential tariff rate quota for automotive parts.