NEWS DETAILS

Date: 05/02/2025

Indian textile, apparel exports poised to benefit from Trump’s tariffs
 
Indian textile and apparel players are poised to benefit from the first round of Trump’s tariffs levied, as per analysts. The industry can leverage this shift in trade dynamics to significantly increase its exports to the US, which currently sits at 28%. This policy shift is likely to accelerate the diversification strategies of global brands, positioning India as a key sourcing hub. So, expect growth for home textiles and garments as India captures a larger market share, said a report.
 
Source: Exim News Service: New Delhi, Feb. 4