US reciprocal tariffs to exacerbate stress for Indian MSMEs: Ind-Ra
US reciprocal tariffs will exacerbate stress for Indian MSMEs with moderate to high intensity, India Ratings and Research (Ind-Ra) recently cautioned. Ind-Ra expects Indian MSMEs to turn more vulnerable, especially entities in the sectors where the impact of tariff war is negative. It believes that any demand slowdown could impact MSMEs more than mid-sized corporations.
US reciprocal tariffs will exacerbate stress for Indian MSMEs with moderate to high intensity, India Ratings and Research (Ind-Ra) recently cautioned.
Ind-Ra expects Indian MSMEs to turn more vulnerable, especially entities in the sectors where the impact of tariff war is negative.
It believes that any demand slowdown could impact MSMEs more than mid-sized corporations.
