New Delhi, 03 February (H.S.): India's corporate titans welcomed the India-US trade agreement on Tuesday, describing it as a pivotal accelerator for the nation's rising economic aspirations.

Mahindra Group CEO and Managing Director Anish Shah termed the deal a crucial stride toward fortifying bilateral trade and investment ties. With India's economy on a robust growth trajectory, he noted, this pact imparts meaningful momentum to the country's expansion ambitions.US President Donald Trump announced an immediate tariff reduction on Indian goods to 18 percent.

Aditya Birla Group Chairman Kumar Mangalam Birla stated that lower duties will bolster strategic and economic bonds between these two great nations, unlocking additional investment and collaboration prospects. The agreement facilitates more resilient supply chains, unlocks manufacturing opportunities, and enhances long-term economic competitiveness in both the US and India.

TVS Motor Company Chairman Sudarshan Venu hailed the reduction of US reciprocal tariffs on Indian goods to 18 percent as a constructive move that improves export competitiveness and instills confidence in enduring bilateral economic relations. He linked it to Prime Minister Narendra Modi's 'Viksit Bharat 2047' vision, emphasizing that trade openness in a challenging global environment empowers Indian industry to expand, innovate, and generate employment.

Mahindra Group Chairman Anand Mahindra posted on X: This shows the benefits of measured progress. When the noise settles, two natural partners come together.RPG Enterprises Chairman Harsh Goenka wrote on X: First the EU's 'Mother of All Deals' and now America's 'Father of All Deals'—a monumental achievement for PM Narendra Modi's government.

SpiceJet Chairman and Managing Director Ajay Singh observed that following recent trade pacts with the European Union and UK, this agreement solidifies India's growing confidence and credibility on the global stage.

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Hindusthan Samachar / Jun Sarkar