How much will Indian economy be hit by Trump tariffs? Officials maintain GDP growth projections

Quick Summary:

India's economy is expected to have minimal impact despite the US imposing 26% tariffs on Indian imports.

Government officials maintain growth projections between 6.3%-6.8% for 2025-26 fiscal year, though private economists have lowered their forecasts.

Government officials have said that the ongoing global economic turmoil is likely to have a minimal impact on India.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: IndiaChina

Topics: India GDP growth Global economic turmoil Donald Trump tariffs Indian economy Business news India GDP impact tariffs Reciprocal tariffs impact

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-07 @ 15:15:32 (21 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 773 words

Reading Time: 5 minutes read

Sentences: 35 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 27646676

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About Times of India

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