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India-US Trade Deal: Industries Prepared for Trade Talks Outcome, National Interest in Focus, Says CII President

INDIA, JUL 6 – CII President Rajiv Memani highlights that India will only sign a trade deal with the US if it benefits national interests and offers a competitive advantage to Indian industries.

  • On July 6 in New Delhi, CII President Rajiv Memani said Indian industry is prepared for any outcome of the US-India trade deal, emphasizing commitment to national interests.
  • Following US tariffs under Section 232, India and the US are preparing for the July 9 deadline after extensive stakeholder consultations, says CII President Memani.
  • Between January and April 2025, US agricultural imports to India surged 45% to $1.075 billion, with soybean imports soaring 810%, alongside significant rises in cotton and dairy products.
  • India's farmers, devastated by cheap US agro-commodities and falling cotton prices due to zero import duty, call for a nationwide strike on July 9.
  • In response to trade tensions, India promotes itself as a credible China alternative by intensifying PLI programs across 14 sectors to diversify global supply chains.
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madhyamamonline.com broke the news in on Saturday, July 5, 2025.
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