Duty exemptions on key manufacturing inputs will reduce costs for sectors such as electronics, EVs and medical devices
Temporary exemptions help, but lasting tariff reforms are needed to improve competitiveness and attract fresh investment
High import duties raise production costs, making Indian exports less competitive in global markets
Lower trade barriers are essential for deeper integration into global value chains, especially in electronics
India's electronics exports are rising rapidly. Stable, competitive tariffs can accelerate this momentum
Trade deals create opportunities, but sustained tariff reform will determine how well India converts them into long-term manufacturing growth