4 months ago
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Commerce and Industry Minister Piyush Goyal connected Wednesday (February 4, 2026) told the Lok Sabha that the delicate sectors of the country, similar agriculture and dairy, are wholly protected successful the India-U.S. commercialized deal.
He said that the U.S. tariffs for Indian goods volition beryllium reduced to 18%.
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It was 50% earlier.
The tariff connected India is among the lowest arsenic compared to its rival nations, Mr. Goyal said successful the Lok Sabha.
"India has been palmy successful protecting the cultivation and dairy sectors," helium said, adding the woody volition assistance beforehand initiatives similar ‘Make successful India’ and ‘Design successful India’, and volition marque India self-reliant.
He added that labour-intensive sectors volition get a large boost successful exports aft the simplification successful the tariffs to 18%.
He besides said that the woody volition unfastened immense opportunities for skilled Indians and Micro, Small and Medium Enterprises (MSMEs).
He informed that some sides are moving to implicit the method processes, and soon it volition beryllium announced.
Ensuring vigor information for Indians are apical precedence of the government, Mr. Goyal said, adding India needs goods from sectors similar aviation and nuclear, and the U.S. is simply a large subordinate successful these segments.
The woody is successful the nationalist involvement of India, helium said.
