Institution: The US-India trade agreement is seen as a medium-term structural benefit.

Uttam Kumar Srimal, Deputy Director of the fundamental research department at Axis Securities, stated in a research report that the US-India trade agreement announced on Monday should be seen as a mid-term structural positive rather than a short-term catalyst. He said, "The continued implementation of this agreement could significantly enhance India's export competitiveness, manufacturing depth, and global integration." He further added, "Investors should focus on companies with a large exposure to the US market, expandable manufacturing capacity, strong regulatory compliance capabilities, and resilient balance sheets to fully capitalize on this opportunity." The deputy director also mentioned that industries such as textiles, chemicals, pharmaceuticals, automotive components, IT services, and some industrial goods are expected to benefit from improvements in market access, rationalization of tariffs, and increased supply chain certainty.