New Delhi, Aug. 1 -- The US decision to impose 25 percent tariff on Indian goods along with an additional penalty for importing oil from Russia has caused some unease among stakeholders in the agricultural export sector but industry leaders suggest that India's inherent strengths may help sustain the country's competitiveness in global rice markets.

Dev Garg, Vice President of the Indian Rice Exporters Federation (IREF) and Director of Shri Lal Mahal Group, feels there are challenges but he is cautiously optimistic.

He believes the tariff regime, while demanding, could serve as a strategic inflexion point for Indian exporters to regain market share and outmanoeuvre global competitors.

Garg pointed out that rival nations, such as Thaila...