India US trade deal is a fruition of 9 months labour.
What a relief!
‘Tariff concessions Makes India’s Textile Exports More Competitive’
Reassuring pact: Includes yarn forward provision
The India-US trade arrangement will expand cotton demand rather than hurt domestic growers, commerce and industry minister Piyush Goyal said on Friday, while asserting Indian farmers stand to gain from rising textile exports which comes from behind.
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It is more than what meets the eye what minister alluded recently and we Quote:
“This will also not hurt our cotton producers… I can see before my eyes a huge requirement for more cotton and a huge and promising future for our cotton,” Goyal said at the ET NOW Global Business Summit.
India stays competitive
Explaining the framework, he reiterated that India will get the same concession that Bangladesh enjoys. “The same concession is available to India also to allay the concerns/fears. It’s called a yarn forward. If you buy cotton or yarn from the US and process it and use it for making apparel/clothing, you are able to export it to the US at zero duty. That’s an established principle of theirs. And India stands to gain from the same way of working,” he said emphatically.

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Double delight: “mother of all deals” + defining Indo-US trade agreements augur well for India’s textile exports which were languishing since last 9 months. In the lighter veins ‘India US trade deal is a fruition of 9 months labour’.
The government has done its bit now it’s the industry to make best out of the shining sun
Goyal also said the reduction in US reciprocal tariffs from 50% to 18%, alongside access at zero reciprocal for textiles in Europe, has made Indian exports substantially more competitive here and now. “We become extremely competitive. Let us convert this market access into market share,” he said, projecting strong growth in sectors such as textiles, leather, footwear, handlooms, handicrafts.
Sun is shining on every Indian!
Credits: This article is derived by automated generated text by the Internet also using pieces from ET 14-02-2026 edition. The content has been “edited in parts”.

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