Trade tensions: India GDP may fall below 6.2% in FY26 if US tariff stays; S&P flags agriculture, Russia hurdles
S&P Global Market Intelligence warns that India's GDP growth could dip below 6.2% in FY26 if the US imposes a 25% tariff beyond September. This stems from India's reluctance to offer market access for US agriculture and dairy products.S&P Global Market Intelligence warns that India’s GDP growth could dip below 6.2% in FY26 if the US imposes a 25% tariff beyond September. This stems from India’s reluctance to offer market access for US agriculture and dairy products.
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