Tiruppur sees revival after India’s trade deals with EU and US | The Federal

Описание: Tiruppur, India’s knitwear capital, is showing early signs of revival following the recent India–US and India–EU trade agreements. Exporters say proposed zero-tariff access to the US market for garments made with American cotton could significantly improve India’s competitiveness. Under the suggested framework, products with at least 20% US-origin content may qualify for zero duty, potentially increasing export volumes. Union Commerce and Industry Minister Piyush Goyal declared that India would gain benefits similar to those of Bangladesh under the reciprocal tariff. He urged Tiruppur’s textile industry to double exports and generate five lakh jobs in the next three years. However, industry leaders argue that the impact of the India–EU and India–US deals may differ in terms of compliance, scale, and long-term benefits. In this ground report from Tiruppur, we examine whether these trade agreements can truly drive the next phase of export growth.

#Tiruppur #TextileExports #IndiaUSTrade #IndiaEUTrade #GarmentIndustry #ZeroTariff #businessnewstamil

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