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Textiles sector eyes zero tariffs in India-US trade

March 8, 2025
Source: livemint.com livemint.com
News Snapshot:
New Delhi: Zero for zero is the buzzword in India’s textile and apparel industry as sector leaders urged the government to push for nil tariffs either way for trade between India and the US. Such a move, coming in the backdrop of the US increasing tariffs on some countries, is seen as something that could move the needle towards India in its textile and apparel exports to the world’s second-largest market. According to Prabhu Dhamodharan, convenor of the Indian Texpreneurs Federation (ITF), India's current 5.9% share in US apparel imports could increase to 10% if zero-duty access is secured. “Zero-for-zero...
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