New Delhi, Feb. 2 -- Following the announcement of the India-US trade deal, where Washington reduced the tariffs on India to 18 per cent, industry leaders, market experts and economists on Tuesday welcomed the deal, terming it a historic and win-win agreement that will boost bilateral economic ties between the two nations, improve market sentiment and strengthen India's position in global trade.

Ashish Chauhan, Managing Director and CEO of the National Stock Exchange of India (NSE), described the agreement as a welcome move for global trade, noting that the tariffs on Indian goods would come down sharply with immediate effect.

In a post on X, the MD and CEO of the NSE said that the deal would be a big win for businesses, supply chains a...