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India's strong growth cushions impact of US tariffs: IIFT VC

The Business Guardian

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December 24, 2025

India's strong economic growth has helped cushion the impact of higher U.S. tariffs on key export sectors, allowing the country to remain resilient while accelerating free trade agreements to diversify markets, boost services exports and attract investment, Rakesh Mohan Joshi, Vice Chancellor of the Indian Institute of Foreign Trade (IIFT) told ANI.

"The Indian economy has performed well. Our growth of economy in the last quarter has been 8.2%," Joshi told ANI in an exclusive telephonic interview, adding that exports have largely held up despite global trade pressures. On the ongoing tariff standoff with the United States, Joshi said, "India will show resilience. That I'm perfectly fine." The United States remains a critical destination for Indian textile exports, particularly made-ups such as bed linen and bedsheets. "US is a big market for bedsheets, linen, and all these things," Joshi said. "So certain textiles, it's a big market especially for our bodily products." However, Indian exporters face a significant

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