Indian exporters likely to gain from US-China trade war: Sources

The commercialized warfare betwixt the US and China is expected to payment Indian exporters successful expanding their shipments to the American market, sources said.

They said the state was the fourth-largest gainer erstwhile the US imposed higher duties connected Chinese goods during US President Donald Trump's archetypal tenure.

After coming to powerfulness again, Trump connected Saturday signed an bid to enforce stiff tariffs connected imports from China, fulfilling a run committedness but raising the imaginable of accrued prices for American consumers.

"India is apt to summation retired of this commercialized war. Significant emergence successful exports are expected from India," a root said.

Exporters person besides stated that the imposition of customs duties by the US connected imports from China provides immense export opportunities for India to America. The tariffs would impact exports from China to the US arsenic they would propulsion prices of their goods successful the American market, making them little competitive.

"The determination tin make opportunities for Indian exports owed to the commercialized diversion effects arsenic US buyers volition question alternate suppliers to debar higher costs," Federation of Indian Export Organisations (FIEO) Director General Ajay Sahai said.

He said the grade of benefits depends connected India's accumulation capableness and competitiveness.

"The sectors which are apt to summation are electrical machinery and components, car components, mobile, pharma, chemicals, apparel, fabrics," Sahai added.

During April-November 2024-25, the US was the second-largest trading spouse of India with USD 82.52 cardinal bilateral commercialized successful goods (USD 52.89 cardinal worthy of exports, USD 29.63 cardinal of imports and USD 23.26 cardinal commercialized surplus). In 2021-24, America was the largest trading spouse of India.