India, Dec. 25 -- As India enters 2026, the lending and trade finance ecosystem is still absorbing the aftershocks of a turbulent 2025.

2025 has been marked by volatility in cross-border trade driven by global policy shifts and changing demand patterns. Tariffs have contributed to volatility in export volumes, especially in price-sensitive sectors.

If you look at overall India exports, the US is a significant market. Overall, around 20-25% of exports go to the US. And again, in certain sectors, it's even more dominant. In sectors such as seafood, the US remains a dominant export market from India. Or if you look at garments or textiles, again, the US is one of the most dominant markets.

As a result, export-heavy businesses continue to ...