US reciprocal tariff may erode India's GDP by up to 50 bps: Experts

India's GDP growth could decline up to 50 basis points to 6% due to the US reciprocal tariffs. EY and Standard Chartered predict a 2-3% fall in exports to the US. Experts suggest India could offset impacts by increasing imports from the US, especially in energy and high technology products. Key sectors remain exempt from higher tariffs.