India, Sept. 20 -- The possibility of the US imposing tariffs of up to 100% on imports from countries buying Russian oil has renewed concerns among Indian businesses and investors. India is one of the major buyers of Russian crude, making the proposed measure an important issue for the country's export-oriented sectors.

The actual impact, however, would depend on whether the tariffs are imposed, the rate eventually applied and how companies respond to higher costs.

Which Indian Sectors Could Be Hit By US Tariffs?

Several industries with significant exposure to the US market could come under pressure if a steep tariff is introduced.

Auto and Auto Components

Vehicle manufacturers and auto-component companies with substantial exports to...