New Delhi, March 5 -- Indian exports are confronting significant challenges amid increasingly aggressive trade policies from major international partners, according to senior trade ministry officials.
In a candid assessment, Santosh Sarangi, head of the Directorate General of Foreign Trade (DGFT), emphasised the critical need for a comprehensive review of India's trade and industrial strategies in response to mounting external pressures.
The United States has emerged as a primary source of concern, with proposed import tariff increases and legislative initiatives like the CHIPS Act potentially disrupting Indian export markets.
Preliminary analysis by Citi Research suggests these measures could result in potential annual losses approach...
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