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India’s IT sector unfazed by US tariffs, but manufacturing and exports face hurdles, say experts

  • India's IT services sector remains unaffected by the US tariffs on exports, as they do not apply to service-based exports.
  • IT services contribute significantly to India's economy, with the US being the largest market, accounting for nearly 70% of India's IT export revenue.
  • India's focus on high-skilled labor, digital transformation, and cloud-based solutions has helped the IT sector find growth opportunities in the US, despite ongoing tariff disputes in other sectors.
  • However, India has imposed import restrictions on certain information and communications technology products, which has raised concerns from US exporters.

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