Even Trump's tariff will not be able to stop the pace of the Indian economy, America will have to kneel down

Indian Economy: Despite the 50% tariff imposed by US President Donald Trump, the pace of the Indian economy has not stopped. Chief Economic Advisor V Anantha Nageshwaran expressed confidence that GDP will grow at the rate of 6.3-6.8% in the financial year 2025-26. GDP was 7.8% in the April-June quarter, which is more than expected. Trade talks with the US are ongoing and a solution is likely in the near future. Strong domestic demand and export potential keep India stable in the global economy.

India Economy: Even the 50% tariff imposed by the US on India will not be able to stop the pace of Indian economy. Very soon America will have to kneel down in front of India. The reason for this is that if India exports its goods to America, then India is also the largest market in the world for America, where its goods are consumed. Amidst the risks of tariff, India's GDP will grow at the rate of 6.3-6.8%.

Indian economy will grow at the rate of 6.3 to 6.8%

Chief Economic Advisor V Anantha Nageshwaran on Friday expressed confidence that the Indian economy will grow at the rate of 6.3 to 6.8% in the current financial year amid the risk posed by heavy US tariffs. He said that domestic demand remains strong, but the imposition of 50% import duty on Indian products in the US may cause some adverse effect on the growth forecast.

Talks continue with America

This statement of V Anantha Nageshwaran comes after the data of Gross Domestic Product (GDP) growth rate being 7.8% in the April-June quarter of the financial year 2025-26 came out. Talking to reporters, he said, "The heavy Trump tariffs imposed by the US will prove to be 'temporary', as both countries are negotiating to remove the 25% tariff imposed as a penalty and then a bilateral trade agreement." He said, "There is some uncertainty regarding the additional tariffs imposed in relation to Russian crude oil, but in general, talks are going on with the US and we hope to see some kind of solution in the near future."

Strong performance of the Indian economy

He said, "We believe that the growth target for the current financial year, especially in view of the strong performance of the economy in the first quarter, will remain in the range of 6.3-6.8%." The country's GDP grew at a rate of 7.8% in the April-June quarter, which is much higher than the Reserve Bank's estimate of 6.5%. He said that there is no possibility of a major decline in the country's GDP growth forecast. He said that the effects related to the tariffs may be limited to the second quarter of the financial year.

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