Sector wise impact of US tariffs on India

Recently, a 25% duty was imposed on several Indian sectors, producing varying impacts across industries and their key players. While some sectors face a high negative impact, others are mildly affected or exempted. Here’s a concise, sector-wise summary of these changes and the main stocks involved:

Auto & Auto Components

A 25% duty has a high negative effect on this sector.Impacted Stocks: Tata Motors, Motherson, Bharat Forge, Sundram Fasteners, Bosch.

Steel & Aluminium

The 25% duty creates a high negative impact. Impacted Stocks: Tata Steel, JSW Steel, Hindalco, Jindal Steel & Power.

Gems & Jewellery

Also subject to high negative impact due to the 25% duty. Impacted Stocks: Titan, Rajesh Exports, PC Jeweller, Asian Star.

Electronics & Smartphones

The 25% duty causes a moderate negative impact. Impacted Stocks: Dixon, Amber, Tata Elxsi, Apple’s India suppliers.

Textiles & Apparel

A moderate impact is seen with the 25% duty in this sector. Impacted Stocks: Arvind, KPR Mills, Welspun, Page Industries.

Marine Products & Processed Foods

Faces a high negative impact from the duty. Impacted Stocks: Apex Frozen, Avanti Feeds, ITC, Godrej Agrovet.

Pharmaceuticals & Healthcare

This sector is exempted from new duties, so there is no immediate impact. Impacted Stocks: Sun Pharma, Dr Reddy’s, Lupin.

Chemicals & Machinery

A 25% duty results in a moderate impact. Impacted Stocks: SRF, PI Industries, ABB India, Siemens India.

IT Services

No new duties have been imposed; the effect is mild or neutral. Impacted Stocks: Infosys, TCS, HCL, Wipro.

Domestic-Focused Sectors

No direct new duty; the impact is neutral to mild. Impacted Stocks: Banks, FMCG, Power, NBFCs.