India-EU free trade agreement and the recent tariff cut by the US to 18 per cent positioned India among Asia’s most competitive apparel exporter destinations.
Competitors such as Bangladesh, Vietnam and Malaysia face higher duties, raising concerns over lost competitiveness, especially for garments, and prompting urgent calls for policy and diplomatic action.
Competitors such as Bangladesh, Vietnam and Malaysia face higher duties, raising concerns over lost competitiveness, especially for garments, and prompting urgent calls for policy and diplomatic action.