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Bloomberg Quint

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Image Credit: Bloomberg Quint

US Tariffs Could Impact Indian Auto Suppliers' Earnings By Up To 30%, Says JP Morgan

  • The earnings impact for Indian auto suppliers due to the 25% US tariffs could range between 5% and 30%.
  • Samvardhana Motherson International, Bharat Forge, and Sona Comstar are identified as the most affected companies.
  • Motherson is expected to be relatively less impacted due to its local presence in multiple geographies.
  • JP Morgan highlights the potential risks of lower US demand as well as the capability of Indian suppliers to mitigate the impact.

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