FIEO hails the India–US trade deal reducing US tariffs to 18%, calling it a major boost for exports and MSMEs.
The Federation of Indian Export Organisations (FIEO) has wholeheartedly welcomed the finalisation of the India–US Trade Deal, described as the “Father of All Deals” under which the United States has agreed to reduce tariffs on all Indian-made products to 18 percent, marking a historic milestone in further strengthening bilateral trade relations between India and the United States.
Terming the agreement a game-changer for Indian exporters, FIEO President S C Ralhan said the deal will significantly enhance the competitiveness of Indian products in the US market and provide a strong impetus to India’s export growth across sectors. He noted that the tariff reduction reflects the deepening strategic and economic partnership between the two countries and opens up vast opportunities for Indian exporters, particularly MSMEs.
“The finalisation of the India–US Trade Deal and the reduction of US tariffs to 18 percent on Indian-made products is a landmark achievement. It reflects the growing strategic and economic partnership between India and the United States and opens up vast opportunities for Indian exporters, especially MSMEs,” Ralhan said.
Highlighting sectoral gains, Ralhan said that engineering goods, textiles and apparel, pharmaceuticals, chemicals, leather products, gems and jewellery, and agricultural products are expected to benefit significantly from the tariff rationalisation. He added that lower tariffs will not only improve price competitiveness but will also help Indian exporters integrate more deeply into US supply chains.
“This agreement will encourage capacity expansion, attract fresh investments and support job creation in export-orientated industries,” he said, adding that the overall impact would be long-term and structural for India’s export ecosystem.
The FIEO President also appreciated the proactive and constructive role played by the Government of India, under the able and dynamic leadership of the Hon’ble Prime Minister Shri Narendra Modi, in safeguarding exporters’ interests and engaging effectively with US counterparts to arrive at a mutually beneficial outcome.
Calling the agreement a strong signal to global markets, Ralhan said it reinforces India’s commitment to free, fair and rules-based trade and strengthens the country’s credibility as a reliable and resilient global trading partner. He expressed confidence that the deal will support India in achieving its long-term export targets.
Reiterating FIEO’s commitment, Ralhan said the Federation will continue to work closely with exporters and all stakeholders to ensure effective utilisation of the benefits arising from the agreement and to promptly address any implementation-related issues.
Source: PR
