It has been three days since the 50% tariffs on goods from India to the United States took effect. In Ludhiana’s bustling Phase IV of the city’s industrial hub, the steady hands of skilled workers sync with the clatter of machines on the ground floor of Sri Tools Industries, a manufacturer and exporter of hand tools. Meanwhile, on the first floor, the management team is holding a series of meetings to deliberate on cost-cutting and other measures to secure the company’s future. Sri Tools’ production has been hit by 30-35%. Ludhiana is Punjab’s manufacturing heartland.
Source: wiktionary