Jammu, Aug. 23 -- Diversification to Europe, UK, Gulf and Oceania markets key
By Ashok Neelakantan Ayers
Despite the tariff shocks unleashed by Donald Trump, Indian exports to the United States have proved remarkably resilient. New trade agreements with Britain, the EU, Oman and New Zealand are giving India more options-but not yet replacing America as its most important export market.
There was a moment when Donald Trump's tariff offensive appeared capable of fundamentally changing the geography of Indian trade. The United States had imposed tariffs that, on some Indian products, reached an extraordinary 50%. Exporters of garments, gems and jewellery, machinery, home decor and other labour-intensive products suddenly faced a brutal arit...