The breakthrough in the India–US trade negotiations is a highly welcome and timely development for the Indian apparel industry which was stressed due to the high US tariff of 50%. The United States is our single largest export market and improved trade terms will significantly enhance the competitiveness of Indian apparel products in the US market.
This development is expected to give a strong boost to apparel exports, attract fresh investments across the value chain, and reinforce India’s position as a reliable global sourcing hub. Most importantly, the apparel sector being one of the largest employment generators, this positive move will help secure existing jobs and create substantial new employment opportunities, particularly for women and the workforce in labor-intensive segments.
AEPC believes that a strengthened India–US trade relationship will open new avenues for sustainable growth and long-term partnership, benefiting both economies.
I am thankful to the visionary leadership of Hon’ble Prime Minister, Shri Narendra Modi and Commerce & Industry Minister Shri Piyush Goyal for unrelenting efforts to make this possible.
