India's shrimp exports set to fall 15-18% amid Trump tariff...

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2025-08-31 08:33:18 -

India's shrimp exports set to fall 15-18% amid Trump tariff hike; $5 billion trade at risk: Crisil

Indian shrimp exports are anticipated to decline by 15-18% this fiscal year due to a steep hike in US import tariffs, significantly increasing the duty burden. This development will impact pricing power and narrow operating profit margins for exporters. Despite efforts to diversify markets, revenues are projected to drop, affecting debt protection metrics.

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