How India Inc. is navigating tariff fog

The US tariffs of 50% on Indian exports hit sectors such as textiles and apparel, and gems and jewellery. Auto components, too, face pressures given their reliance on exports to the US. Renewable energy firms, meanwhile, are less directly affected by Washington’s tariff strikes, but remain deeply dependent on inputs. The recent easing of Sino-Indian tensions has offered some reassurance, but nerves remain raw. To deliberate on these issues and explore both risks and opportunities, Mint convened a leadership roundtable in New Delhi with leaders across textiles, renewable energy, mining, electronics, auto components and law. “From 2005 when (Thomas) Friedman wrote about the world being flat to now, there is complete uncertainty. World politics today is like Gen Z ‘situationships’ — you don’t know who is with whom, or for how long,” said Shivpriya Nanda, partner at law firm JSA Advocates & Solicitors. Read more