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Offers both challenges and opportunities
The New Indian Express Thiruvananthapuram
|April 04, 2025
THE US government's decision on tariff on Indian imports is expected to have a major impact across multiple sectors.
The new levies are likely to hit India's $32 billion gems & jewellery exports hard, given the US accounts for $11.58 billion, or 34%, of these exports.
"While the tariff's application to competing nations presents both challenges and opportunities, it is expected to significantly impact India's diamond and jewellery sector, a cornerstone of its exports to the US," the Gem & Jewellery Export Promotion Council said in a statement. "In the short run, we see challenges in sustaining India's export volume of $10 billion to the US market."
Bu hikaye The New Indian Express Thiruvananthapuram dergisinin April 04, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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