Indian firms resilient to US tariff pressures: Moody’s & ICRA
Most Indian non-financial corporates are shielded from US tariffs due to domestic focus, according to Moody’s and ICRA. Textiles may gain from the India–UK FTA, while capex is expected to reach $50 billion annually over two years. GDP growth is forecast at 6.3 per cent in FY25. Despite geopolitical risks and sector-specific challenges, corporate balance sheets remain strong and well-positioned.
Most Indian non-financial corporates are shielded from US tariffs due to domestic focus, according to Moody’s and ICRA.
Textiles may gain from the India–UK FTA, while capex is expected to reach $50 billion annually over two years.
GDP growth is forecast at 6.3 per cent in FY25.
Despite geopolitical risks and sector-specific challenges, corporate balance sheets remain strong and well-positioned.
