The surge follows a February agreement between Trump and Prime Minister Narendra Modi in Washington, where both leaders committed to expanding energy cooperation. India pledged to boost American energy imports to $25 billion from $15 billion in 2024, while bilateral trade is targeted to more than double from $200 billion to $500 billion by 2030.

On US imposing a 25% tariff, plus a penalty on India, DG and CEO of Federation of Indian Export Organisations (FIEO), Dr Ajay Sahai expressed his optimism for the present and the future of Indian exporters.

Jimeet Modi says Trump’s proposed 25% tariff on Indian exports is a headline risk, not a structural threat. With strong domestic demand, diversified trade, and policy support, India’s economy and capital markets are well-positioned to absorb such external shocks without long-term disruption.