India-US trade deal to boost exports, but energy, metals remain concerns: SBICaps

New Delhi: While the framework for the India–US interim trade agreement is broadly positive for the economy, it could push up India’s energy import basket and affect metals, according to a report by investment bank SBI Capital Markets (SBICaps).

Several export-oriented sectors, including textiles, leather, plastics, rubber, organic chemicals, and seafood, are set to benefit from duty-free access for nearly half of India’s exports to the US, the report said.

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