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India open to zero duty on imports from US in PLI, some other sectors

April 10, 2025
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India open to zero duty on imports from US in PLI, some other sectors

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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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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