Which Indian companies will be impacted by Donald Trump's 25% auto tariff? | Know all details
In the financial year 2024, India exported auto components worth $21.2 billion, contributing to the global auto component market, which stands at $1.2 trillion( )Cars wait to be loaded onto the Eco Napoli, a hybrid Ro-ro ship built by Jinling Shipping in Nanjing for the Grimaldi Group, at the port in Yantai, in China's eastern Shandong province on March 26, 2025. (AFP)
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US President Donald Trump has announced a 25 per cent tariff on overseas auto imports, which is expected to impact Indian companies such as Tata Motors, Eicher Motors, Sona BLW, and Samvardhana Motherson.
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Tata Motors does not have direct exports to the US, but its subsidiary Jaguar Land Rover (JLR) has a strong foothold in the American market.
Read: Donald Trump announces 25% tariff on imported cars. What does it mean?
According to JLR’s FY24 annual report, the US accounted for 22 per cent of its overall sales. In FY24, JLR sold nearly 400,000 vehicles worldwide, with the US being one of its top markets, the report added.
The company’s vehicles sold in the US are primarily manufactured in the UK and other international plants, which will now be subject to a 25 percent tariff. ()
Which Indian companies will be impacted by Donald Trump's 25% auto tariff? | Know all details
Reviewed by himanshu
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March 26, 2025
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