Archive · 9 Jun 2025
AIEMA: Trump Tariffs Unlikely to Impact India's MSMEs
Some people in India who make things think new rules about tariffs (taxes on goods coming in and out of the country) from the US won't hurt their businesses too much.
They export some of their products to the US, but not a huge amount.
These people also think that lower interest rates from the bank will help businesses.
They're organizing a big show in Chennai to show off new machines and help businesses learn how to make things better.
The show is expected to be a success, with lots of companies and visitors coming to see the latest technology and potentially buy new equipment.
AIEMA believes that Trump's tariffs will not significantly impact India's MSMEs.
Around 30% of Ambattur Industrial Estate's output is exported, with 10-12% going to the US.
RBI's recent rate cut is hoped to ease bank financing for MSMEs.
ACMEE 2025, an international machine tools show, will be held in Chennai.
ACMEE 2025 aims to showcase modern machine tool technology and promote investment.
- Who
- AIEMA members and MSMEs.
- What
- Discussion about the impact of tariffs and the launch of ACMEE 2025.
- When
- June 9, 2025 (publication date), ACMEE 2025 is scheduled for June 19-23.
- Where
- Ambattur Industrial Estate, Chennai.
- Why
- To discuss the impact of US tariffs and promote the ACMEE 2025 event.
- Organization
- Ambattur Industrial Estate Manufacturers Association (AIEMA)
- Exports
- Approximately 30% of AIEMA's output
- US Exports
- 10-12%
- Event
- ACMEE 2025
- Event Location
- Chennai
- Event Dates
- June 19-23
- Expected Business
- ₹750 crore