India's Atmanirbharta plans may take a hit with Trump's 50% tariff move: Moody's

India's Atmanirbhar Bharat faces headwinds as the US imposes a 50% tariff on Indian exports due to continued Russian oil purchases. Moody's warns this could hinder manufacturing growth, particularly in electronics, and slow GDP by 0.3% in FY26. While Russian oil helps contain inflation, balancing it with tariff burdens poses economic challenges.