Trade Deal Awaits Executive Order As Tariff Cuts Near Implementation Says Ajay Sahai, FIEO

BTTV Exclusive conversation with Dr Ajay Sahai, DG & CEO - FIEO explains why the sharp reduction in tariffs could trigger a surge in export orders, particularly in sectors like apparel and footwear, where global buyers had deferred placements awaiting the deal. With India now enjoying competitive tariff access across key global markets — including the US, EU, Japan, and South Korea — exporters may see a strong revival in demand, alongside improved trade balance prospects through higher imports of energy, defence, and aviation products. Mr Sahai says could mark a turning point for India’s export growth story, provided industry capitalises on the momentum through capacity expansion and market diversification. Speaking on the when the 18% tariff will be implemented, he replied that the exporters are awaiting the Executive order from President Trump.