New Delhi, Aug. 20 -- The recent decision by the United States to raise tariffs on Indian goods is expected to significantly affect India's micro, small and medium enterprises (MSMEs), which contribute nearly 45 percent of the country's total exports, according to a report by Crisil Intelligence.

The US currently levies an ad valorem duty of 25 percent on Indian exports but has announced an additional 25 percent tariff, effective August 27.

With the combined tariff now rising to 50 percent, the report said the impact will be substantial across key sectors.

Textiles, gems and jewellery - which together account for about a quarter of India's exports to the US - are expected to be most affected.

MSMEs dominate these industries, with a sh...