The United States Trade Representative (USTR) has provided new details on trade negotiations with India, confirming significant progress on reducing technical barriers while acknowledging India's continued protection of its agricultural sector. These latest developments offer concrete insights into the bilateral trade discussions that have been ongoing between the two nations.

Understanding on Technical Trade Barriers

According to USTR Greer, the United States and India have reached an understanding on reducing India's technical non-tariff barriers to trade. This agreement includes provisions for recognizing U.S. standards, which could streamline trade processes and reduce compliance costs for American exporters.

Agricultural Sector Protections Maintained

Despite progress in other areas, USTR Greer confirmed that India is maintaining some protection around agricultural goods. This development indicates that while trade negotiations have advanced in technical areas, agricultural trade remains a sensitive sector where India continues to prioritize domestic protection measures.

Bilateral Trade Progress

The USTR's statements represent the most specific details released about the ongoing trade discussions between the United States and India. The acknowledgment of progress on technical barriers while recognizing agricultural sensitivities demonstrates a nuanced approach to bilateral trade negotiations.

Strategic Trade Relations

These developments build upon India's earlier claims of securing favorable trade terms with the United States. The USTR's confirmation of understanding on technical barriers suggests that both countries are making measurable progress in addressing long-standing trade issues while respecting each nation's sensitive sectors.

The latest statements from USTR Greer provide clarity on the specific areas where progress has been achieved and highlight the balanced approach being taken to address both countries' trade priorities and concerns.

DIC India Limited has announced key changes in its senior management team, with the resignation of its Head of Sales and Marketing and the appointment of a new executive to fill the position, both effective February 02, 2026.

Leadership Transition Details

The company has informed stock exchanges that Mr. Kuldeep Sharma, who served as Head of Sales and Marketing, has resigned from his position as Senior Managerial Person effective February 02, 2026. His resignation stems from personal health reasons, as indicated in his resignation letter where he mentioned the need to focus on his health based on medical advice.

New Appointment

Simultaneously, the company has appointed Ms. Manjusha Singh as the new Head of Sales & Marketing, effective February 02, 2026. Her appointment as Senior Managerial Person received approval from the Nomination & Remuneration Committee and Board on the same date.

Professional Background of Ms. Manjusha Singh

Ms. Singh brings extensive experience to her new role:

• Experience: 25+ years in B2B sales
• Sector Expertise: Industrial manufacturing and packaging sectors
• Functional Areas: Marketing, Pricing, and Strategy roles
• Geographic Scope: Regional and global capacities
• Key Strengths: Revenue growth management, multinational account handling, profit centre leadership, and business transformation projects

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided all required disclosures to BSE Limited, National Stock Exchange of India Limited, and The Calcutta Stock Exchange Ltd.

Transition Management

Mr. Sharma's resignation letter, dated December 07, 2025, expressed his commitment to ensuring a smooth transition during his notice period. He indicated his willingness to provide business support and advice as needed during the handover period. The outgoing executive also acknowledged the professional fulfillment he experienced during his tenure at DIC India Limited.

The seamless transition with Ms. Singh's immediate appointment ensures continuity in the company's sales and marketing operations without any gap in leadership.