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India Boosts Capital Spending Amid U.S. Tariff Doubts

10/3/2025

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Summary

Story summary

Nirmala Sitharaman pledged to raise capital expenditure to spur growth at the Economic Conclave on October 3, 2025.
She said India's economy remains resilient, driven by domestic factors, with a 6.8% growth projection for fiscal year.
The United States has doubled tariffs on Indian goods, potentially affecting exports like textiles and chemicals, while India pursues fair trade and climate action.

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Story summary

Nirmala Sitharaman pledged to raise capital expenditure to spur growth at the Economic Conclave on October 3, 2025.
She said India's economy remains resilient, driven by domestic factors, with a 6.8% growth projection for fiscal year.
The United States has doubled tariffs on Indian goods, potentially affecting exports like textiles and chemicals, while India pursues fair trade and climate action.