US' 25% tariff on Indian imports: Impact on India’s chemical industry

Trump has imposed a 25 per cent tariff on all Indian imports from August 1, 2025, citing trade barriers and India’s ties with Russia.
The move threatens India’s chemical and pharma exports, which saw major growth in 2024.
Key categories like pigments, acids, pharma intermediates, and generic drugs now face cost pressure.
Exporters must diversify and push for waivers.