US Tariffs Push Indian Exporters to Europe: Targeting 27 Nations by 2026

• Indian exporters faced challenges in 2025 due to increased US tariffs, leading to order declines and slower work.
• Exporters are now reducing reliance on the US market, which is seen as risky due to uncertain policies.
• Free Trade Agreements (FTAs) with the UK and European countries are expected to reduce or eliminate duties on Indian products from 2026.
• Duty-free access will boost price competitiveness for Indian goods, particularly textiles, leather, handicrafts, and engineering products.
• The goal is to expand reach from 10-12 to all 27 European countries by 2026, making Europe a primary market.

Why It Matters: Indian exporters are shifting focus from the US to Europe and other markets to mitigate tariff impacts and leverage FTAs.