There is enthusiasm among the industry and policy makers about the trade agreement between India and America. Industry leaders say that this agreement will not only accelerate India’s development aspirations, but will also strengthen the country’s goal of making it a globally competitive manufacturing and innovation hub.
Bilateral trade and investment relations will be strengthened
Mahindra Group CEO and Managing Director Anish Shah welcomed the agreement, calling it an important step towards strengthening bilateral trade and investment relations. He said that the Indian economy is on a strong growth path and this deal will provide additional impetus to growth.
According to Shah, the reduction in US reciprocal tariffs on Indian exports to 18 per cent and the commitment to further reduce tariff and non-tariff barriers will provide the stability and confidence needed for investment.
Strategic and economic relations between the two countries will be strengthened
Aditya Birla Group Chairman Kumar Mangalam Birla also said that the reduction in tariffs will further strengthen the strategic and economic relations between the two countries. He said that as the largest Indian investor in the US, his group sees this agreement as strengthening the supply chain, opening up new manufacturing opportunities and enhancing long-term competitiveness. Birla made it clear that the group is committed to further expanding its investment and presence in America.
Developed in line with the vision of India 2047
TVS Motor Company Chairman Sudarshan Venu said that this step will increase confidence in India-US economic relations. He described it as being in line with the vision of Developed India 2047. Mahindra Group Chairman Anand Mahindra wrote in a social media post that after the noise stops, two natural partners come closer to each other, which shows the importance of this agreement.
Major diplomatic and economic achievement
RPG Enterprises Chairman Harsh Goenka also called it a major diplomatic and economic achievement. SpiceJet Chairman and MD Ajay Singh said that this agreement, following recent agreements with the EU and UK, reflects India’s growing credibility on the global stage and lays the foundation for long-term growth and strong international partnerships. He called it a big boost for the ‘Made in India’ brand.
New investment opportunities will open
Secretary, Department of Economic Affairs, Anuradha Thakur said that the finalization of the India-US trade agreement has removed uncertainty and will open new investment opportunities. However, regarding opening the Indian market for American agricultural products, he said that there is no clarity on this yet and the situation will become clear with time.
Foreign investors expected to return to Indian market
Meanwhile, after the agreement, the expectation of return of foreign institutional investors (FIIs) to the Indian stock markets has also increased. Ashish Chauhan, MD and CEO of National Stock Exchange, said that the main reason for the cautious attitude of FPIs in 2025 was the uncertainty regarding trade. He says that this agreement gives a clear message that India and America are coming closer to each other, which can bring back the confidence of investors and create a positive environment in the markets.
