Brief by Shorts91 Newsdesk / 07:48am on 07 Aug 2025,Thursday Business
Amid escalating US tariffs, Mahindra Group Chairman Anand Mahindra has urged India to view the trade war as an opportunity for radical reform. Reacting to President Trump’s 50% tariff on Indian goods over Russian oil imports, Mahindra emphasized using the "law of unintended consequences" to India's advantage. He called for bold steps like a single-window clearance system for investments, tourism-focused forex strategies, and enhanced support for MSMEs. Mahindra's remarks come as India faces its highest-ever US tariff rates. He urged swift action to transform global uncertainty into long-term growth and attract global capital. (PC: NDTV)
