India's GDP to Receive 20-30 Basis Point Boost from US Tariff Cut.
ByAinvest
Tuesday, Feb 3, 2026 2:31 pm ET1min read
HDB--
India's economy is expected to gain from lowered US tariffs, with economists estimating a 20-30 basis point boost to GDP next fiscal year. The move is likely to benefit sectors such as gems & jewellery, textiles, and marine products that faced a drop in exports to the US. Exports to the US account for 2% of India's GDP, with HDFC Bank and IDFC First Bank estimating an upside of 20-30 bps to its FY27 growth forecast of 6.9%.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet