India's Global Trade Competitive Edge Lifted by US Tariff Reset

India's global trade competitive edge has been boosted by the interim agreement with the US, which includes duty-free exports for sectors like textiles, leather, handicrafts, and hi-tech sectors like aviation. Boeing and Airbus are looking to India as their largest foreign OEM base for components, with both companies expressing excitement about the India-US partnership. The agreement creates momentum to extend the zero-for-zero tariff approach for the aerospace and defence sectors, which could boost industrial growth and strengthen national security.