Indian exports to hit $1 tn soon? Exporters expect boost from trade deals with US, EU
Indian exporters anticipate $1 trillion in goods and services outflows by 2026-27, fueled by new trade agreements with the US and EU. US tariff cuts from 50% to 18% on Indian products are already boosting orders in sectors like chemicals and footwear. Exporters are optimistic about increased market share, though capacity and implementation clarity remain key discussion points.
Indian exporters anticipate $1 trillion in goods and services outflows by 2026-27, fueled by new trade agreements with the US and EU. US tariff cuts from 50% to 18% on Indian products are already boosting orders in sectors like chemicals and footwear. Exporters are optimistic about increased market share, though capacity and implementation clarity remain key discussion points.
