India looks to fast-track trade deal with US; open to zero duty on imports from US in PLI, others sectors

India is considering zero-duty imports from the US across various sectors, including those under the PLI scheme, to expedite a bilateral trade agreement and reverse reciprocal tariffs. This offer is contingent on strict rules of origin, requiring 30-40% value addition.

Apr 9, 2025 - 21:00
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India looks to fast-track trade deal with US; open to zero duty on imports from US in PLI, others sectors
India is considering zero-duty imports from the US across various sectors, including those under the PLI scheme, to expedite a bilateral trade agreement and reverse reciprocal tariffs. This offer is contingent on strict rules of origin, requiring 30-40% value addition.

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