Times of IndiaLean R·
Textile sector to sew loose ends as FTAs kick in
New free trade agreements offer Indian textile exporters significant tariff advantages. The UK deal eliminates up to twelve percent tariffs, boosting competitiveness against rivals. Companies anticipate increased orders and potential export growth over the next few years. However, fragmented supply chains and higher input costs present ongoing challenges. Industry experts suggest government incentives could strengthen domestic fabric ecosystems.
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