📊Executive Summary

The recent decision by Mexico to increase tariffs on imports will significantly impact India's exports across several sectors, including automobiles, auto components, electronics, metals, and chemicals. This tariff increase, approved by Mexico's Senate on December 11, 2025, affects nearly three-quarters of India's $5.75 billion exports to Mexico in FY 2025. As a result, Indian exporters may need to reassess their pricing strategies and supply chain logistics to mitigate the financial implications of these tariffs....