Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises, called the deal “a much-awaited milestone” for both nations, noting that it unlocks substantial opportunities for investment and growth

Industry leaders have welcomed the India-US trade agreement, calling it a major boost to India’s economic growth and its ambitions to become a global hub for manufacturing and innovation.

Mahindra Group CEO and Managing Director Anish Shah described the pact as a “significant step forward in strengthening bilateral trade and investment ties.” He highlighted that the immediate reduction in reciprocal tariffs on Indian exports to 18 percent, along with commitments to progressively lower other trade barriers, would provide the predictability businesses need to invest with confidence.

Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises, called the deal “a much-awaited milestone” for both nations, noting that it unlocks substantial opportunities for investment and growth. He emphasized that the flurry of free trade agreements demonstrates India’s central role in global trade frameworks aimed at building resilient international economic patterns.

Aditya Birla Group Chairman Kumar Mangalam Birla said the reduced tariffs will strengthen strategic and economic ties between India and the US. As the group is one of the largest Indian investors in the US, he said the deal would help shape resilient supply chains, unlock manufacturing opportunities, and enhance long-term economic competitiveness. He added that the group plans to expand its presence in the US, where opportunities for growth and innovation are substantial.

TVS Motor Company Chairman Sudarshan Venu also welcomed the tariff reduction, stating it would improve export competitiveness and reinforce confidence in bilateral ties, furthering India’s vision of Viksit Bharat 2047. He stressed that predictability and openness in trade would help Indian industries scale, innovate, and create jobs, while deepening India-US economic cooperation.

Mahindra Group Chairman Anand Mahindra described the deal as evidence of the benefits of careful diplomacy, noting that two natural partners are now coming together.

ITC Chairman and Managing Director Sanjiv Puri said the agreement will boost trade, manufacturing, and livelihoods, adding that it reflects India’s growing stature in the global economic order. He noted that strategic partnerships with the EU, UK, New Zealand, and Oman had already set the stage for deeper integration with global value chains.

RPG Enterprises Chairman Harsh Goenka and SpiceJet Managing Director Ajay Singh also praised the deal, calling it a milestone that strengthens India’s global credibility and reinforces the ‘Made in India’ brand.

Industry experts said the India-US trade agreement marks a watershed moment, providing momentum for sustained economic growth, expanded market access, and long-term collaboration between the two countries.