CHEMICAL STOCKS THAT STAND TO GAIN FROM THE US-INDIA TRADE DEAL

With the US-India trade deal announced in Feb26, the US tariff on Indian goods was cut from 50% to 18%. This rollback reverses the steep punitive and reciprocal duties imposed in 2025, significantly easing the cost burden on Indian exporters. This reduction significantly benefits the Indian chemical industry, as chemicals account for about 18% of India’s total exports to the US, with FY24’s being valued at nearly $5.7 billion. Lower tariffs improve export competitiveness, reduce landed costs, and can boost demand, order inflows, capacity utilization, and operating margins for Indian chemical manufacturers. Chemical stocks that will benefit from this US-India trade deal are