<ul><li>US tariffs pose a downside risk to revenue and profitability for India Inc.</li><li>Crisil's analysis shows an unfavourable outlook for gems and jewellery, and marginally unfavourable for chemicals, aluminium and auto components.</li><li>The impact on pharmaceuticals, solar PV modules and steel is neutral while it is marginally favourable for agri products, textiles, apparel and smartphones.</li><li>These sectors contribute more than 60% of non-petroleum merchandise exports from India to the US.</li></ul>

US Tariff Impact: Crisil Lists Sectors Worst Hit By Trump's Move

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