India: Exporters Respond To Trump Tariffs; Eye Russia as PM Modi Pushes Reforms |Spotlight|N18G

India: Exporters Respond To Trump Tariffs; Eye Russia as PM Modi Pushes Reforms |Spotlight|N18G

Indian exporters are countering the US President Donald Trump's unprecedented 50% tariffs on the country's goods. Exporters are diversifying aggressively, targeting Russia, ASEAN, and Latin America while rejecting what they call "tariff blackmail." Russia has openly backed New Delhi, calling the US duties a WTO violation and pledging to absorb more Indian goods. Reports say PM Narendra Modi's government is seizing the moment to cut red tape, strengthen manufacturing, and push supply chain reforms. With FTAs already signed with Australia, the UAE, and the UK, and talks with the EU underway, Indian industry leaders are now stressing the diversification of exports.

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