US Tariffs on China Seen to Benefit India

INDIA IS EXPECTED to gain out of the imposition of 10% tariffs by the US on China as exporters are looking at a significant increase in orders, a senior official said on Tuesday.

- Mukesh Jagota

"The government has discussed this (US tariff action) with exporters and got positive feedback about the sentiment about export orders. They are seeing a significant rise in export value," the official who did not wish to be named said.

"Increase in orders from the US has already started. As the tariffs have been imposed, the orders will go up now. It (tariffs on China) will be positive for India as in many products India is competing directly with China," chief executive officer and director general of the Federation of Indian Export Organisations (FIEO) Ajay Sahai said.