New Delhi, Feb 7: Domestic apple growers remain shielded under a new interim trade pact with the United States as India establishes a minimum import price of Rs 80 per kg. Combined with a 25 percent import duty, the arrangement ensures that no American apples priced under Rs 100 per kg enter the Indian market.
Commerce and Industry Minister Piyush Goyal confirmed the quota-based duty concessions on Saturday, noting that the measure was designed to prevent any negative impact on local agriculture. The agreement, slated for signing by mid-March, replaces the current system where imported apples face a 50 percent duty and a lower minimum price threshold.
“Our apple farmers are fully protected, and there is no need to worry,” Goyal said during a press interaction. He noted that the move balances the needs of the market with the livelihoods of local producers.
The deal also provides a boost for Indian exporters, with several agricultural products set to enter the US with zero reciprocal tariffs. This includes specific fruits, vegetables, tea, and coffee. Goyal mentioned that India has maintained a firm stance on sensitive sectors, granting no concessions on dairy products, sugar, or millets.
Beyond agriculture, the pact includes duty adjustments for American cosmetics, medical devices, and alcoholic beverages. In return, Indian industries will benefit from zero tariffs on various aircraft and automotive components sent to the US market. The minister said the agreement will not hurt the interests of farmers, MSMEs, or the handloom sector in any way.
