India, Jan. 27 -- The India-EU trade deal has eliminated tariff on Indian textile and leather exports to the European Union, in what is seen as significant relief to the sectors battered by 50% import duty imposed by the US.

The new tariff rates are:

The 0% import duty makes Indian apparel and textile meaningfully cheaper on European shelves-that means larger orders for Indian garment makers in the manufacturing hubs of Tirupur in Tamil Nadu to Ludhiana in Punjab, people familiar with the matter said.

Essentially, Indian garment makers now have full access to EU's $263.5-billion textile market, where exports are currently valued at $7.2 billion.

The 0% import duty will allow EU's $100-billion leather and footwear industry to increase ...