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Despite a bruising year of steep U.S. duties and protectionist headwinds, India’s exports stayed broadly on track as firms diversified markets/products and adjusted pricing, with resilience expected to carry into 2026. Trade watchers note the 50% U.S. tariff shock hit shipments mid-year, but exporters and buyers absorbed costs, renegotiated, and pivoted to less-affected lines, while FTAs and market diversification cushioned the blow. Outlook: modest growth with risks from new barriers, even as policy tweaks aim to keep trade steady.
