New Delhi, March 29 -- India could see a loss of around USD 6 billion, or 0.16 per cent of its GDP, in exports to the US if broad tariffs of 10 per cent are enacted, Emkay Global, a research & investment firm, said in a latest report.

The Financial services company said in the report that the impact could increase significantly, reaching up to USD 31 billion if tariffs rise to 25 per cent.

While the specifics of reciprocal tariff measures remain uncertain, a broad country-level tariff on India appears to be the most likely scenario, the report added.

Despite potential fallout in key sectors such as auto, pharma, and electronics, the report highlights that India's most vulnerable industries are apparel and gems/jewellery.

Additionally,...