New Delhi, Aug. 4 -- Indian exports to the US are projected to decline by nearly 30 per cent, from USD 86.5 billion in 2024-25 to about USD 60.6 billion in 2025-26, as the new 25 per cent reciprocal tariffs come into effect, according to Global Trade Research Initiative (GTRI).

According to a GTRI report on Monday, labour-intensive sectors such as garments, textiles, shrimp, jewellery, and engineering goods are among the worst affected.

The tariffs put India at a serious disadvantage compared to regional rivals like Vietnam, Bangladesh, and Mexico, who face lower or zero duties, it noted.

To cushion the blow and future-proof its trade strategy, the GTRI has recommended a targeted five-point action plan that includes financial relief fo...