Amul Eyes US Plants to Dodge Rising Duties
Amid escalating U.S. tariffs on Indian exports, prominent FMCG players—including Amul and ITC—are recalibrating their U.S. strategy. Both are evaluating the feasibility of establishing production facilities in third countries or directly in the U.S. to overcome tariff-related hurdles and shield export competitiveness. This move seeks to mitigate the impact of elevated duties and preserve market…