Carysil’s management, represented by Chirag Parekh, clarified in their concall that they haven’t heard of any imminent tariffs on quartz sinks exported to the U.S. at that time. While there is uncertainty surrounding the potential tariffs on stainless steel sinks, the company’s export volumes in this area are minimal, with only about 1% of sales being impacted by U.S. imports of stainless steel sinks.
On the quartz sink side, no tariff imposition has been mentioned, and management believes that, if such tariffs are imposed on metal products, it could even work in favor of their quartz sink exports due to rising demand.
Regarding the broader question of U.S.-India trade relations, it’s worth noting that discussions between the two countries are ongoing, and it’s not certain that President Trump will push for reciprocal tariffs on India, as these policies can change frequently. It’s difficult to predict, given Trump’s tendency to make unpredictable trade decisions—one day imposing tariffs, the next backing off.
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