India Gains Cost Edge: US Tariff Reset Boosts Supply Chain Shift, Experts Say

• India's tariffs on exports to the US dropped from 50% to 18%, making them the lowest among major emerging markets.
• This tariff reduction is seen as highly positive for India's economy and stock market, following a strong trade deal with the European Union.
• India has also secured trade pacts with the UK, Oman, and EFTA, enhancing its global trade position.
• Experts predict benefits for sectors like agriculture, machinery, manufacturing, and AI, aligning with Union Budget priorities.
• The competitive tariffs position India as a key hub for reshoring and shifting supply chains away from China, alongside nations like Vietnam and Indonesia.

Why It Matters: India's reduced US tariffs and new trade deals position it as a major global supply chain hub.