• Latest
  • Trending
Retailers are not buying Trump’s ‘Eat the Tariffs’ advice

How Trump’s tariffs could impact India’s major industries?

O2 Telefónica, Tech Mahindra & NVIDIA launch Large Telco Model

O2 Telefónica, Tech Mahindra & NVIDIA launch Large Telco Model

Fusion CX expands in India with new 350-seat delivery center in Bengaluru

Fusion CX expands in India with new 350-seat delivery center in Bengaluru

Galaxy Tab S10 Lite: A value-packed tablet for everyday needs

Galaxy Tab S10 Lite: A value-packed tablet for everyday needs

Hiring declines in Indian IT as layoffs increase worldwide

Hiring declines in Indian IT as layoffs increase worldwide

Defence Production Dept. strengthens ties with Karnataka to boost manufacturing

Defence Production Dept. strengthens ties with Karnataka to boost manufacturing

xAI launches Grok Code Fast 1 to compete in AI coding

xAI launches Grok Code Fast 1 to compete in AI coding

Google Cloud brings Gemini AI to all platforms, boosts enterprise AI in Singapore

Google Cloud brings Gemini AI to all platforms, boosts enterprise AI in Singapore

New AI tool from OpenAI can write and fix code

New AI tool from OpenAI can write and fix code

ADIO partners with Ant International to boost Abu Dhabi’s fintech ecosystem

ADIO partners with Ant International to boost Abu Dhabi’s fintech ecosystem

Cognizant and Eagle Eye partner for AI-Powered loyalty solutions

Cognizant and Eagle Eye partner for AI-Powered loyalty solutions

Nvidia hits $4 trillion as AI demand surges

Nvidia hits $4 trillion as AI demand surges

India’s top export destinations: how trade tells the story of global alliances

Data Story: India faces the highest US tariff in Asia

Friday, August 29, 2025
  • Login
Data Biz Times
  • Data Story
  • Artificial Intelligence
  • Media Release
  • Technology
  • Business
  • Contact Us
No Result
View All Result
  • Data Story
  • Artificial Intelligence
  • Media Release
  • Technology
  • Business
  • Contact Us
No Result
View All Result
Data Biz Times
No Result
View All Result

How Trump’s tariffs could impact India’s major industries?

in world
Reading Time: 3 mins read
0
Retailers are not buying Trump’s ‘Eat the Tariffs’ advice
Share on FacebookShare on Twitter

Athira Sethu

Kochi, 31 July 2025

RelatedPosts

Data Story: India faces the highest US tariff in Asia

India braces for 50% US tariff from tomorrow

US cancels over 6,000 student visas creating worry for Indian families

From August 1, 2025, the U.S. will impose a 25% tariff on numerous of India’s exports. This will potentially have a significant effect on various key sectors in India, such as electronics, medicine, jewelry, and automobile components. American President Donald Trump termed India’s high tariffs as some of the world’s highest. He also threatened additional penalties because India was buying energy from Russia.

Negative impact on key industries:

Gems & Jewelry

The jewelry and gems sector is likely to take a severe hit. The U.S. is India’s biggest market for jewelry imports, with over $10 billion worth of imports every year. The new tariff will drive up costs, slow down shipments, and impact prices. This will prove to be challenging for companies operating in the industry, ranging from small workers to big manufacturers.

Pharmaceuticals

India is the biggest exporter of generic drugs to the U.S., amounting to approximately $8 billion annually. Large Indian drug firms such as Sun Pharma, Dr. Reddy’s Laboratories, and Cipla get a huge percentage of their revenues from the U.S. Indian drugs save the U.S. healthcare system billions of dollars each year. The new tariffs may drive prices higher for American consumers and hurt these firms.

Textiles and Apparel

Indian textile manufacturers produce apparel, home furnishings, and footwear for major U.S. retailers such as Walmart and Gap. The U.S. used to provide India lower rates of tariff than nations such as Vietnam, which gave India a competitive edge. But under the new tariff, Indian textile exporters will be confronted with a huge challenge, and most will find it difficult to remain competitive.

Electronics

India emerged as one of the largest suppliers of smartphones to America, particularly after Apple started producing more iPhones in India to circumvent Chinese tariffs. But a 25% tariff on Indian electronics might make Apple reconsider its plans. This might dent India’s increasing presence in the global electronics market. 

Oil Refining

India imports a lot of oil from Russia, where it receives a discount on the price of crude oil. If the U.S. imposes additional sanctions on Russian oil, India’s oil refining firms, such as Reliance and Indian Oil, may have to pay more. That could damage their profitability, particularly with Russian oil having played a key role in maintaining refining margins.

Total impact on trade

The combined trade between the U.S. and India was $129.2 billion in 2024. If the new tariffs remain effective, around 10% of Indian exports may be impacted between July and September of 2025. The increase in the tariff will impose pressure on Indian businesses and may damage employment across sectors.

Though the exact effect of these tariffs remains to be seen, Indian industries that rely on export to the U.S. may have difficult times ahead. Indian businesses will be compelled to change their game plan and adapt to emerging challenges.

Related Posts

India’s top export destinations: how trade tells the story of global alliances

Data Story: India faces the highest US tariff in Asia

2

DBT Bureau Bengaluru, 27 August 2025 After the US imposed 50% tariff on India, the country is now facing the...

Data Story: US New Tariff Rates

India braces for 50% US tariff from tomorrow

0

Athira Sethu Kochi, 26 August 2025 The United States has made a decision to increase tariffs on Indian imports. From...

Trump’s $5M Gold Card Visa a Game Changer for Immigrants

US cancels over 6,000 student visas creating worry for Indian families

0

Athira Sethu Kochi, 23 August 2025 Indian students in the United States are being told to remain calm but cautious...

US pauses new student visas amid social media review plans

US to review 55 million visa holders for possible violations

1

Athira Sethu Kochi, 22 August 2025 The Trump administration has initiated a sweeping review of over 55 million individuals who...

O2 Telefónica, Tech Mahindra & NVIDIA launch Large Telco Model
Business

O2 Telefónica, Tech Mahindra & NVIDIA launch Large Telco Model

0

DBT Bureau Pune, 29 August 2025 O2 Telefónica Germany will launch its Large Telco Model (LTM) to strengthen the Service...

Read moreDetails
Fusion CX expands in India with new 350-seat delivery center in Bengaluru
Media Release

Fusion CX expands in India with new 350-seat delivery center in Bengaluru

0

DBT Bureau Pune, 29 August 2025 Fusion CX, a global leader in customer experience (CX) and business process management, has...

Read moreDetails
Galaxy Tab S10 Lite: A value-packed tablet for everyday needs
Mobile

Galaxy Tab S10 Lite: A value-packed tablet for everyday needs

0

Immersive display: A 10.9-inch screen with Vision Booster and up to 600 nits peak brightness delivers vibrant viewing indoors and...

Read moreDetails
Hiring declines in Indian IT as layoffs increase worldwide
Tech

Hiring declines in Indian IT as layoffs increase worldwide

0

Athira Sethu Kochi, 29 August 2025 In 2025, numerous individuals across the globe have lost employment in the tech industry....

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Media Release
  • Data Story
  • Business
  • Tech
  • Artificial Intelligence

Data Biz Times © 2024. All Rights Reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?