New Delhi, Feb. 3 -- The industrialists in the country have welcomed the announcement of the India-US trade deal, stating that the agreement will strengthen strategic and economic ties between the two countries while opening up additional opportunities for investment and collaboration.

Reacting to the development, Kumar Mangalam Birla, Chairman of Aditya Birla Group, said the reduced tariffs would help deepen bilateral economic engagement and support long-term growth for both nations.

In a social media post, Birla applauded Prime Minister Narendra Modi and US President Donald Trump for the trade announcement.

He said "The reduced tariffs will help strengthen the strategic and economic ties between our two great countries and provide ad...