Auto Components | Wheel of misfortune
THE FALLOUT: India’s auto component exports will be only partially exposed to the blow of Trumpian tariffs. Of its $6.6 billion (Rs 58,100 crore) worth of auto parts exports to the US in calendar year 2024, as much as $3.58 billion (Rs 31,504 crore), or 55 per cent, will face 25 per cent tariffs. These…
