India more likely to pursue tariff exemption with US for clothes made with US cotton

1 Min Read

Photos are for consultant functions solely. File | Picture credit score: Reuters

India is more likely to pursue with the US an exemption from the 18% reciprocal tariff on clothes comprised of US cotton and exported to the nation, just like the concession granted to Bangladesh.

Representatives of the Textile Export Promotion Council, who attended a gathering on Wednesday (February 11, 2026), stated there are indications that India will pursue reciprocal tariff exemptions with the US for clothes and textile merchandise comprised of American cotton and man-made fibers.

The U.S.-Bangladesh Reciprocal Commerce Settlement, signed on February 9, establishes a mechanism whereby the U.S. will get rid of reciprocal tariffs from the U.S. on sure textile and attire merchandise from Bangladesh for sure exports from Bangladesh produced utilizing cotton and MMF textile uncooked supplies.

“The US-Bangladesh deal is nothing to fret about for the Indian textile and attire business. The federal government has allayed the business’s issues and India has indicated its intention to pursue the same proposal,” stated A. Sakthivel, chairman of the Attire Export Promotion Council.

India imports 500,000 bales of American cotton yearly, together with 2.5 million bales of non-extra-long staple (ELS) varieties.

See also  Solar Pharma Q2 PAT elevated by 2.6% to Rs 3,118 crore
Share This Article
Leave a comment