New Delhi, April 5 -- India's micro, small and medium enterprises (MSMEs), particularly in the sectors of electronics, precious stones, machinery, and readymade garments, could face growing challenges following the United States' move to impose reciprocal tariffs on imports.

An analytical report by Bank of Baroda highlights the potential impact on these MSME-heavy sectors and suggests the need for government intervention to cushion the blow.

"The sectors which are likely to be impacted most are electronics, precious stones and machinery, besides readymade garments," said Aditi Gupta, economist at Bank of Baroda.

"Further, since these sectors have a high concentration of MSMEs, the sector may face increased challenges, requiring possibl...