India approves $5.1 billion package for exporters after US tariffs hit

India has approved a substantial financial package worth $5.1 billion aimed at supporting exporters affected by tariffs imposed by the United States. This decision, made on November 12, 2025, is a response to the economic challenges faced by Indian exporters due to increased tariffs, which have impacted their competitiveness in the global market. The package is expected to provide much-needed relief and bolster the export sector, which is crucial for India's economic growth and trade balance.