Domestic manufacturing of industrial goods in sectors such as automobiles and auto components, shipbuilding, basic metals, and others may be impacted by the reduction or removal of import duties on industrial products imported from the US, experts said. “The industrial products in these sectors (auto, shipbuilding) currently have the highest MFN rates and are thrust sectors in India’s manufacturing, which may face high competition from goods imported from the US,” said Bipin Sapra, partner and indirect tax policy leader at EY India.