Indian Industry on Edge: Urgency for US Trade Deal Intensifies

The Indian industry is anxious over potential US reciprocal tariffs, pushing for a swift bilateral trade agreement. Talks are progressing, but industries fear significant impacts, including job losses, without a timely resolution.

The Indian industry is facing anxiety over the United States' plans to impose reciprocal tariffs, pressing for a swift conclusion to an essential bilateral trade agreement, sources revealed on Wednesday.

Discussions regarding the proposed agreement are reportedly moving in a positive direction, although the need for rapid action remains high.

Industry representatives are expressing urgent concerns, highlighting potential job losses should the agreement not be finalized promptly, according to informed insiders.

(With inputs from agencies.)