ICRA warns of hit up to Rs 4,500 crore to Indian auto component...

Dununu.com Dununu

Sponsorluk

ICRA warns of hit up to Rs 4,500 crore to Indian auto component exporters amid US tariffs

RSS Feed Business

Posted

189

New US tariffs are expected to significantly impact India's automotive component sector, potentially reducing operating profits by 10-15%. ICRA forecasts a moderation in revenue growth for FY2026 due to anticipated decline in US exports. Despite these challenges, India aims to leverage its cost competitiveness and is seeking relaxed export controls and enhanced tech access from the US.

Read Full Article

Please log in to like, share and comment!

India's stock market slips to fourth in APAC investor rankings; fund managers pivot to semiconductor wave: Report

India's stock market position declines to fourth in Asia Pacific investment destinations. Japan,...

By 0 0

Russell reveals T20 WC win vs India was career's favourite moment

Andre Russell, set to retire from international cricket, cherishes his explosive innings against...

By 0 9

IND vs ENG: 'What annoyed people was ...' - Shastri decodes Rahul's technical tweak

Former India head coach Ravi Shastri lauds opening batter KL Rahul's impressive form in the...

By 0 9

Strong support from farmers for Punjab’s land pooling policy, scheme called a ‘model for the future’

By 0 10

India-EFTA trade deal to take effect from October 1, Piyush Goyal confirms implementation timeline, $100 billion investment and 1 million jobs expected

The India-EFTA Trade and Economic Partnership Agreement, signed on March 10, is set to take...

By 0 18