Exports Get Boost After India-US Trade Deal
India’s textiles, carpets and leather exports are expected to gain momentum following the India–US trade deal, which includes a reduction in US tariffs on Indian goods to 18 percent. Exporters said the move will improve price competitiveness of Indian products in the American market, especially for labour-intensive sectors.
Industry Sees Revival in Orders
Industry representatives said high tariffs over the past year had slowed fresh orders and created uncertainty for exporters. With the tariff cut, exporters expect renewed demand from US buyers, particularly for garments, home textiles, carpets and leather footwear. While many shipments for the current season were already contracted earlier, companies expect the benefits to reflect more clearly in upcoming export cycles.
Relief for Labour-Intensive Sectors
Carpet makers, leather goods exporters and small manufacturers said the decision could help protect jobs and stabilise margins in sectors heavily dependent on overseas demand. Exporters cautioned that the full impact will depend on how quickly the tariff changes are implemented and whether other non-tariff barriers are eased.
The trade deal is being seen as a positive signal for India’s export-oriented industries amid global demand uncertainty.
