Victory of Donald Trump brings both opportunities and risks for the Indian textile industry largely hinging on trade policies, tariffs, and the US-China dynamic. In Trump’s previous regime, India lost its Generalized System of Preferences (GSP) status, which had allowed tariff-free exports of textile goods. If Trump adopts the same stance in its new regime, India might face similar restrictions once again. Trump’s ‘America First’ policy would lead to more tariffs on imports, including textiles. Indian textile exports could face pressure in the U.S. market. On the other...
read more...Ministry of Textiles organized an interactive Session with Foreign Missions in India for Bharat Tex 2025 at Sushma Swaraj Bhawan, New Delhi. The event saw participation from over 30 Foreign Missions in India namely Australia, Azerbaijan, Brazil,...
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