US offers tariff free access for Indian farm and pharma exports
US Opens Tariff Free Market For India Exports
India and the United States (US) have expanded market access for selected agricultural and pharmaceutical products, with Commerce and Industry Minister Piyush Goyal stating that certain Indian exports will now enter the US without tariff. The development is part of ongoing trade engagement aimed at strengthening bilateral commerce.
Zero Duty Access For Indian Farm Exports to US
Goyal said the arrangement opens opportunities for Indian farmers to sell produce in the American market at more competitive prices. Reduced duties are expected to improve export margins and encourage higher shipment volumes in eligible categories.
Officials indicated the move may help diversify export destinations and stabilise farm incomes by providing access to a large consumer base.
Pharma Sector Gains US Market Entry
Indian pharmaceutical companies are also expected to benefit from tariff-free entry for specific products. The sector, known for generic medicines, could see increased demand due to lower cost barriers and established regulatory compliance capabilities.
Industry participants anticipate expansion in distribution partnerships and manufacturing scale to meet demand.
India US Trade Tariff Cooperation Expands
The tariff relief reflects continuing discussions to ease trade barriers and improve economic cooperation. Authorities from both sides are working on regulatory alignment and smoother certification processes to facilitate trade flows.
The government expects the step to support export growth and strengthen supply chain integration between the two economies.
