India, April 3 -- India's auto components, chemicals, shrimps, steel, sectors are severely hit by the reciprocal tariff levied by the US, one government official familiar with the matter said, adding that the pharmaceutical sector appears to have been spared.

"India's reaction to this development will be measured, calibrated and professional unlike some countries that threaten American imports," a second government official said. Both officials asked not to be named. Hindustan Times reported on Thursday that India would not impose retaliatory tariffs on US imports.

Both officials, however, sought to look at the positives, insisting that India could get a competitive edge over key competitors in the United States, including China, Bangla...