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

Dununu.com Dununu

Commandité

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

RSS Feed Business

Posté

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

Connectez-vous pour aimer, partager et commenter!

Dhakal appointed chair of Rastriya Banijya Bank board

KATHMANDU: Dev Kumar Dhakal has been appointed Chairperson of the Board of Directors of Rastriya...

Par 0 8

SZP writer on working with Aamir Khan

Aamir Khan's 'Sitaare Zameen Par' continues its box office success, captivating audiences...

Par 0 8

Pahalgam attack: China condemns massacre; backs US terror tag on TRF

Par 0 12

WATCH: Jasprit Bumrah, KL Rahul join Lord’s elite as names added to Honours Board

Jasprit Bumrah and KL Rahul etched their names on the Lord's Honours Board following their...

Par 0 12

'Money isn't enough': 'America Party' crashes before takeoff; Americans want alternative but don't see Musk's party as option

Elon Musk's attempt to launch the "America Party" faces significant hurdles, with polls...

Par 0 19