
New Delhi - India is open to allowing zero duty import of goods from the US in several sectors, including those covered under the production-linked incentive (PLI) schemes, people familiar with the development said.
Officials said a generous offer by India can expedite the proposed bilateral trade agreement (BTA), helping roll back the 26% reciprocal tariff levied on India effective April 9.
However, officials said this concession would be subject to stringent rules of origin mandating at least 30-40% value addition along with a change in tariff heading as part . . .
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