India is much better placed to deal with disruptions emanating from Trump tariffs as there is a possibility of signing an FTA with the US for which discussions are happening at a fast pace.
The reciprocal tariffs imposed by the US have been postponed until July 9, except for China.
ITC Chairman, Sanjiv Puri, highlighted that India's levers of competitiveness, digitization, and future-ready portfolio offer a strong position to handle the impact of the tariffs.
India and the US have been negotiating a bilateral trade agreement with the aim to increase the bilateral trade to $500 billion by 2030.