Nikhil Dhaka, Vice President at Primus Partners, shares his view on the impact of the U.S. tariff hike on India’s auto component industry. He highlights that the 25% tariff could significantly challenge Indian exporters like Sundram Fasteners, Motherson, and Sona Comstar—firms that supply critical components to global carmakers. With competitors in Mexico and Canada enjoying zero-duty access under USMCA, and Japanese exporters benefiting from lower tariff caps, Indian firms may face margin pressures and reduced competitiveness.