New Delhi, Aug. 1 -- India may face an annual export loss of USD 5 to USD 6.75 billion if demand declines by 20 to 30 per cent because of 15 per cent tariff imposed by US, said a report by Ventura Securities.

Given the country's FY25 GDP of around USD 3.3 trillion (Rs 287 lakh crore), this shortfall could reduce GDP growth by approximately 0.15 to 0.2 per cent, the report added.

It further said that India's industry is expected to face short- to medium-term challenges due to US tariffs, however, during this period, the sector is likely to step up efforts to diversify its markets, with aim to maintain growth momentum.

US President Donald Trump has imposed 25 per cent tariff on goods from India and an additional penalty if India imports ...