India's textile & apparel sector stays confident despite...

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2026-03-26 06:06:40 -

India's textile & apparel sector stays confident despite 25% US tariff

Insights Despite the newly imposed 25 per cent US tariff and penalty, India's textile and apparel industry remains confident, citing its quality, scale, and resilience. Industry leaders stress the need to remove the 11 per cent duty on US cotton and recommend export incentives. The UK FTA and progress in EU negotiations offer alternative opportunities. Competition from Vietnam and Indonesia...

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