India’s textile industry views the US reciprocal tariffs as both a challenge and an opportunity.
With lower tariffs compared to China, Vietnam, and Bangladesh, India gains a competitive edge.
However, concerns over US consumer behaviour, inflation, and domestic readiness in terms of capacity, quality, and compliance may affect the industry’s ability to seize this chance.
With lower tariffs compared to China, Vietnam, and Bangladesh, India gains a competitive edge.
However, concerns over US consumer behaviour, inflation, and domestic readiness in terms of capacity, quality, and compliance may affect the industry’s ability to seize this chance.