How Can MSMEs Help Deal With Tariff War? Naina Lal Kidwai Explains

New Delhi:Apparel, made-ups, footwear, furniture, and electronics are among the Micro, Small and Medium Enterprises (MSMEs) sectors that are likely to benefit from the reciprocal tariffs, said Naina Lal Kidwai, Past President of the Federation of Indian Chambers of Commerce and Industry (FICCI). Ms Kidwai was speaking at NDTV's Emerging Business Conclave, Delhi Edition, where she discussed India's growth story - making India a developed nation by 2047, but not without full participation of women entrepreneurs.

 

Referring to a study by FICCI, Ms Kidwai listed the negative impacts of tariffs and where the opportunity lies. "Apparel, made-ups, footwear, not just leather footwear, it's synthetic footwear as well, electronics and furniture would be areas to see India's export potential. Gems and jewellery are looking very difficult, as in one that is negatively impacted. Marine, tea, honey, bakery products, dairy, spices, guar gum, carpets and medical devices are negatively impacted," she said.