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Below the Quote on Recent US tariff hike from Mr. Sundararaman Ramamurthy, MD & CEO, BSE

"India has successfully weathered past global shocks, from COVID-19 to supply chain disruptions, and continues to stand resilient as the world’s fourth-largest economy. The recent U.S. tariff hikes are expected to have minimal impact, with most Indian trade safeguarded by diversification and key exemptions in areas like pharmaceuticals, smartphones, electronics, and renewable energy. Strong domestic demand, ‘Make in India’ initiatives, and fresh trade agreements are reinforcing investor confidence, while rising household and institutional participation keeps India’s capital markets attractive. The country’s robust fundamentals and policy measures will ensure that FPI and FDI inflows remain steady, limiting any long-term effect from the tariff move. These strengths together underpin India's journey towards Viksit Bharat by 2047, strengthening its position as a global economic leader."

 

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