Industry bodies in India have responded to the US’s imposition of a 50% tariff on Indian goods, effective August 27, with a mix of concern and optimism. While sectors like textiles and gems will be affected, leaders emphasize India’s economic resilience and ongoing diversification into markets like ASEAN and the EU. Post navigation Blow for exporters! How will Donald Trump’s tariffs hit India Inc? Check sector & company-wise list Trumps tariffs ‘wake-up call’: Amitabh Kant sees US duties as opportunity; urges bold reforms & efficiency