<h1>S&P Global: US Tariffs on Indian Imports Won't Impact Economic Growth or Sovereign Rating Outlook</h1> S&P Global Ratings stated that recent US tariffs on Indian imports, increasing duties to 50 percent, will not affect India's economic growth or its positive sovereign rating outlook. India's economy is not heavily trade-dependent, with exports to the US constituting about 2 percent of GDP. Key export sectors to the US, such as pharmaceuticals and consumer electronics, are exempt from tariffs. S&P projects India's GDP growth at 6.5 percent for the current fiscal year, unchanged from the previous year. The agency also noted that investment flows into India are driven more by domestic market potential than export opportunities to the US. Despite the tariffs, the positive outlook on India's sovereign rating remains intact, reflecting confidence in the country's robust economic fundamentals and growing domestic demand.