New Delhi, April 6 -- Tata Motors Ltd's decision to pause exports of Jaguar Land Rover (JLR) cars to the US for April raises concerns for both the company's volumes and financial performance this fiscal year, as well as for the broader Indian auto sector that sees the country as a key export market.

On 26 March, US President Donald Trump had announced a 25% duty on all cars and car parts imported into the US. Since that announcement, Tata Motors shares have slid over 13% as of Friday's closing, against a fall of over 5% in the BSE Auto Index.

The North American region-including the US and Canada-accounted for more than a fifth of JLR's overall sales volume in fiscal 2024. In the January to March period of 2024, it was the largest retail...