New Delhi, Aug. 1 -- India is well-positioned to withstand the impact of the United States' latest tariff hikes, despite a potential $6 billion hit to exports and a marginal dent to GDP, according to a report by the State Bank of India's research arm.

Titled "Stirred. Not Shaken", the report estimates that the 25% US tariff on select Indian imports - spanning diamonds, pharmaceuticals, electronics, and solar cells - could shave off 25-30 basis points from India's GDP, but asserts that the country's macroeconomic fundamentals remain strong.

"The tariff move is disruptive but not destabilising. India's large domestic market, growing manufacturing base, and policy agility will help it absorb the impact," the report noted.

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