India, Feb. 7 -- The Government of India has issued a release:
The Ministry of Textiles welcomed the landmark agreement between India and the United States (US) as a major catalyst enhancing the textile trade relations between the nations. The textile industry expressed the hope that this is a major economic game changer for the sector.
For textiles exports, it opens up a $118 billion US global imports market of textiles, apparels and made ups. With the US being India's largest export destination of around $ 10.5 billion exports, comprising around 70% apparel and 15% made ups, this is a major opportunity. It is expected to play a pivotal role in India achieving its intended target of $100 billion exports in 2030. The deal is expected to p...