ENA MSME 2025-03-31 15:07:03 <p><span style="font-size:14px"><strong>New Delhi, Mar 31 (KNN)</strong> To assess the likely impact of President Trumps trade measures especially the reciprocal tariff on Indian MSMEs, Federation of Indian Micro and Small &amp; Medium Enterprises (FISME) convened a roundtable with Indias top economists.</span></p> <p><span style="font-size:14px">India's exports to the U.S. have shown a consistent upward trend and touched $77.5 billion in FY24. Indian MSMEs account for almost half of Indias exports and have dominant position in exports to US in Textiles and Apparels, Leather, Light Engineering and Auto components, Pharmaceuticals, Processed Food and Gems and Jewelry.</span></p> <p><span style="font-size:14px">Researchers and economists who deliberated the various scenario included Abhijit Das- Former Director of Center for WTO Studies, Ajay Shrivastav from GTRI, Dr. Arpita Mukherjee from ICRIER, Dr. Jayant Dasgupta Former Ambassador of India at WTO, Tariffs and Trade Expert Arun Goyal, Formal trade negotiator Atul Kaushik, Anuradha R.C.- Trade Law expert, Trade and Commerce expert Pranav Kumar and Debjit Ghosh from KPMG.</span></p> <p><span style="font-size:14px">Experts analyzed the likely reciprocal tariff on MSME dominant sectors and how much leeway India had to negotiate with US.</span></p> <p><span style="font-size:14px">The prospects of a comprehensive bilateral trade agreement with US was also discussed in length. The group members also deliberated on trade-off between opting for tariff cuts or a comprehensive agreement with US.</span></p> <p><span style="font-size:14px">Convenor of Friends of MSMEs in Parliament and former Member of Parliament from Meerut Rajendra Agrawal jointly presided over the session with President FISME Sandeep Kishore Jain. The discussion was moderated by FISME Secretary General Anil Bhardwaj. FISME Policy Committee Chairman Dinesh Singha and Treasurer C.S. Goel with senior officials of FISME participated in the closed group discussions. </span></p> <p><span style="font-size:14px">FISME is to share the insights with Indias negotiating teams.</span></p> <p><span style="font-size:14px">While the formal media briefing is not shared by FISME, a public discussion is programmed after April 2, post US announcement on tariff measures. </span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 41580 https://knnindia.co.in/news/newsdetails/msme/fisme-holds-roundtable-with-think-tanks-on-impact-of-reciprocal-tariff-on-indian-msmes 2025-03-31 15:07:03 knnindia.co.in