Stressing on preparedness before President-elect Donald Trump enters the White House on January 20, the think tank said India's consumer goods exports such as pharma, gems and jewellery, and marine exports are particularly vulnerable to US tariffs.
India should focus on skill distribution since there is hardly any potential for growth in the H-1B benefits to India since it receives 72 per cent of the total visas under the programme, former Commerce Secretary Rajeev Kher said. "65 per cent of these visas are for people with computer skills, and India needs to look at skill distribution," he said, adding New Delhi may need to make sacrifices in some areas where higher tariffs have been imposed.
This story is from the January 01, 2025 edition of Financial Express Mumbai.
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This story is from the January 01, 2025 edition of Financial Express Mumbai.
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