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Indian Exports to U.S. Plunge 37.5% Amid Tariff Surge
Exports from India to the U.
Between May and September 2025, India’s exports to the United States fell by 37.5 % as steep U.S. tariffs and global-trade headwinds hit key sectors, according to data cited by the Global Trade Research Initiative. The decline spanned textiles, engineering goods and agri-products, sparking alarm across export councils. Analysts warn the slump may dampen India’s FY26 growth trajectory unless new markets are tapped and export policy incentives are rolled out promptly.