Ajay Sahai, director general of the Federation of Indian Export Organisations (FIEO), says that between $2.5 billion and $3 billion of exports will benefit from the tariff exemptions. Exports of Indian goods to the US fell nearly 12 percent year on year in September to $5.43 billion after tariffs were raised. Indian farm exports, estimated to account for $5.7 billion of the country’s $87 billion of exports to the US in 2024, were among those hit. “The move benefits Indian farmers and exporters of tea, coffee, cashew and fruits and vegetables,” a senior official involved in Indian farm export policy said on condition of anonymity. “Tariff relief is important, but market recovery also depends on logistics and our ability to match prices,” one exporter said.