The India-US trade deal adds meaningful momentum to India's growth ambitions and supports the country's ambition to be a globally competitive manufacturing and innovation hub, industry leaders said on Tuesday. "With the Indian economy on a strong growth trajectory, this deal adds meaningful momentum to India's growth ambitions," he noted. Reacting to the tariff reductions, Mahindra Group Chairman Anand Mahindra, in a crisp post on X, wrote, "More evidence of the benefits of 'Making haste slowly.' The finalisation of the India-US trade deal is a watershed moment for our nation and a major boost for the ‘Made in India' brand, he added. Further, he said the India-US trade deal underscores the shared commitment of India and the US to deepen trade, technology & investment ties in an increasingly competitive global landscape.

Source: The Telegraph February 03, 2026 07:39 UTC