Piyush Goyal says India US trade deal could raise cotton exports
US Trade Deal May Boost Cotton Demand: Piyush Goyal
Commerce and Industry Minister Piyush Goyal said the proposed India–US trade agreement is expected to expand demand for Indian cotton and provide benefits to domestic farmers through improved export opportunities.
India US Trade Deal Cotton Exports
The minister stated that enhanced market access could increase cotton shipments to the United States and strengthen India’s position in global textile supply chains. Greater demand from international buyers is projected to support production and stabilise farm incomes.
Officials indicated negotiations are focused on improving trade flows while maintaining protections for sensitive agricultural sectors.
Benefits For Indian Farmers And Textile Sector
Higher export volumes may benefit both cotton growers and textile manufacturers by ensuring consistent raw material movement across the value chain. The government expects improved utilisation of spinning and garment manufacturing capacity as overseas orders rise.
Authorities added that expanding export markets could reduce dependence on domestic price fluctuations.
Trade Negotiations And Economic Impact
The trade discussions are part of broader economic engagement aimed at increasing bilateral commerce and investment. Policymakers believe stronger textile trade could contribute to employment and manufacturing growth.
Further details will be announced after negotiations reach a final stage and regulatory processes are completed.
