India may face excess supply amid global trade shifts: Ind-Ra
India may see limited direct impact from US reciprocal tariffs, but secondary effects like oversupply could pressure sectors such as textiles and chemicals, as per an Ind-Ra report. While India gains a tariff advantage over competitors, capacity constraints may delay benefits. The chemical sector, though facing higher export costs, could gain market share from China.
India may see limited direct impact from US reciprocal tariffs, but secondary effects like oversupply could pressure sectors such as textiles and chemicals, as per an Ind-Ra report.
While India gains a tariff advantage over competitors, capacity constraints may delay benefits.
The chemical sector, though facing higher export costs, could gain market share from China.
