06-07-2025
‘India Won't Sign If…'- CII President Warns On India-US Trade Deal, Says ‘Pact Must Be Fair'
Confederation of Indian Industry (CII) President Rajiv Memani emphasized that Indian industry supports a fair and balanced US-India trade deal but not at the cost of national interest. He warned that without a deal, a 26% tariff could hurt Indian exporters. Memani said industries are ready for any outcome and praised the Indian government's extensive consultations before talks. Stressing that India is under no compulsion to sign, he stated the deal must serve both nations. Indian industry, he said, will only support a Free Trade Agreement if it offers better terms than Trump-era tariffs and enhances India's global competitiveness.#usindiatrade #ciipresident #rajivmemani #fairdeal #fta #indiatradepolicy #exporttariff #bilateraltrade #makeinindia #toi #toibharat
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