The overall impact is expected to be moderate in the short term: Munindra Verma, CEO, M1 NXT
FinTech BizNews Service
Mumbai, July 31, 2025: The US president Donald Trump has announced 25% tariffs will be imposed on India from 1st August, 2025.
Munindra Verma, CEO, M1 NXT, India’s Leading ITFS platform, believes: “The US decision to impose a 25% tariff on Indian imports, along with related penalties, does raise concerns for Indian exporters. However, given that India's export exposure to the US is relatively contained, the overall impact is expected to be moderate in the short term. While sectors like engineering goods, textiles, agrochemicals, agricultural produce, and gems & jewelry may face some pressure, the larger export ecosystem remains resilient
According to the latest MSME Outlook Survey by SIDBI, 40% of MSME exporters anticipate immediate impact from these developments. That said, exporters must focus on enhancing export efficiency and strengthening domestic manufacturing by building a resilient supply chain ecosystem, bringing innovation, and leveraging technology. Further, diversification of markets will help mitigate the impact and will support Indian exporters in the evolving global trade landscape.
India continues to be viewed as a reliable global sourcing hub. And, with the right support in terms of policy, credit access, and digital infrastructure, MSMEs can navigate these headwinds and explore new growth opportunities. At M1 NXT, we remain committed to supporting this journey by enabling efficient access to working capital for MSME exporters. Furthermore, as the two largest democracies, we look forward to both countries arriving at a mutual working model for global good".
