India's textile export to UK under FTA may offset US losses: CareEdge Ratings
Автор: Live Facts India
Загружено: 2025-08-31
Просмотров: 26
Описание: Loss incurred due to imposition of reciprocal tariffs on Indian textile exports to US may be offset by increased exports to the UK . Ongoing EU trade negotiations may further boost India's textile trade . Government support and growth in yarn and fabric exports could mitigate the impact . The USA has been the largest export market for Indian textile and apparel, accounting for 28-29 per cent of exports over the last four years ended CY24 . The steep 50 per cent tariffs imposed by the United States on Indian goods came into effect from 27 August . India primarily exports cotton-based textile products to the USA, predominantly home textiles and apparel . Powered by The World News API (https://worldnewsapi.com/) Background music from WavelayersMusic #india's #textile #export #offset #losses #careedge #ratings #report #suggests #tariffs #shorts #news
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