Try GOLD - Free

New York's Indian restaurants lose flavour as tariffs bite

Financial Express Pune

|

November 08, 2025

Operators face rising margin pressure as prices of key ingredients go up

- KATE KRADER & ARVELISSE BONILLA RAMOS

INDIAN RESTAURANTS HAVE been on a well-documented tear in New York City, outshining London’s, garnering chef awards and becoming a destination for Wall Street executives. Even butter chicken, a culinary cliche, has become one of the Big Apple’s most notable dishes. The South Asian wave has seemed unstoppable.

But on July 31, US President Donald Trump imposed additional tariffs on India, which went into effect on August 27, doubling the rate on most exports from the country to 50%.

Even as the legality of those tariffs is being debated before the Supreme Court, the impact has been tough on New York’s Indian food community. The price of products that define the cuisine, from spices and rice to pulses and tea, has risen, cutting into tight margins for restaurants as well as retailers. (And it’s a problem not everyone want to discuss because of the highly charged politics around the conversation.)

MORE STORIES FROM Financial Express Pune

Financial Express Pune

Tier-2 cities lead employment boom as job mkt grows 23%

INDIA'S JOB MARKET ended 2025 on a high, clocking a robust 23% year-on-year rise in hiring activity, signalling broad-based employer confidence and steady expansion across industries.

time to read

1 min

December 18, 2025

Financial Express Pune

B-Schools: Driving India's growth and shaping future leaders

Unlocking a path of innovation, visibility and purpose that redefines careers and shapes sustainable futures

time to read

2 mins

December 18, 2025

Financial Express Pune

LEAD: Shaping industry-ready leaders through experience

LEAD College of Management emphasizes experiential learning. How is this approach applied in its MBA and MCA programmes?

time to read

3 mins

December 18, 2025

Financial Express Pune

Parliament passes insurance Bill

PARLIAMENT ON WEDNESDAY passed a Bill to raise foreign direct investment (FDI) in the insurance sector to 100% from the current 74%, a move expected to attract higher foreign capital inflows, support the adoption of global governance and innovation standards, and deepen insurance penetration in the country.

time to read

1 min

December 18, 2025

Financial Express Pune

EVs get policy push, hybrids lose

Deepens auto industry split; Tata Motors, M&M gain edge

time to read

2 mins

December 18, 2025

Financial Express Pune

Attero to invest ₹150 cr to scale up operations

E-WASTE RECYCLING FIRM

time to read

1 min

December 18, 2025

Financial Express Pune

House panel moots 3-month deadline for NCLAT decisions

Warns against potential misuse of \"clean state\" norm by promoters

time to read

2 mins

December 18, 2025

Financial Express Pune

Debt reduction key focus: FM

IT COULD COME in handy for the government which is facing a potential tax revenue shortfall compared with the Budget Estimate, and a possible dip in tax buoyancy in the near term, on account of massive the reliefs offered to taxpayers in terms of income tax and GST reductions.

time to read

2 mins

December 18, 2025

Financial Express Pune

Debt reduction central to fiscal policy from FY27, says FM

States urged to improve fiscal transparency

time to read

1 min

December 18, 2025

Financial Express Pune

Sweet sorghum may also work as ethanol feedstock

THE GOVERNMENT IS conducting a study to assess the feasibility of sweet sorghum as an alternative feedstock for production of ethanol to diversify the raw material base for the biofuel, the food ministry said in Parliament on Wednesday.

time to read

1 min

December 18, 2025

Listen

Translate

Share

-
+

Change font size