The impact of the 50 per cent tariff imposed by the US is visible with Indian goods exports to America taking a 11.9 per cent hit in September (year-on-year). Indian goods exports to the US in the first half of FY26 (April-September), however, grew at a robust 13.4 per cent.

India’s overall goods exports grew at 6.8 per cent in September and 3 per cent in the first half of this fiscal.

Also read: Trump claims Modi assured him India will stop buying Russian oil

September is the month that saw the full impact of the US tariff – 25 per cent of reciprocal tariffs came into effect on August 7, and a 25 per cent penalty tariff took effect on August 27.

Exports to US down by 12 pc

The Commerce and Industry Ministry’s data, released on Wednesday (October 15), shows Indian goods exports to th

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