“TVS Motor Company welcomes the India – US trade deal announced following the conversation between PM Modi and President Trump. The reduction in the US reciprocal tariff on Indian goods to 18 per cent is a positive step that improves export competitiveness and reinforces confidence in long-term bilateral economic ties, furthering the PM’s vision of Viksit Bharat 2047,” he said.
India has now secured several strategic trade deals with key economic partners around the world. In a challenging global environment, predictability and openness in trade help Indian industry scale, innovate and create jobs, Venu added.
“We look forward to a stronger India–US partnership that accelerates growth, expands market access, and supports India’s ambition to be a globally competitive manufacturing and innovation hub”, he said.
