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SBI report urges India to expand PLI scheme as Trump announces reciprocal tariffs

New Delhi [India], April 5 (ANI): According to a report by the State Bank of India (SBI), India should strengthen its Production-Linked Incentive (PLI) schemes in light of growing global trade competitiveness, especially after U.S. President Donald Trump announced reciprocal tariffs on several countries, including India.

The report stated that India has a strong opportunity to benefit from the global shift in tra