New Delhi, April 24 -- The trade winds are shifting again-and this time, they might just carry good news for Indian textile exporters.
The US government is preparing a fresh wave of import tariffs on garments and home textiles from key Asian manufacturing hubs like China, Vietnam, and Bangladesh.
While India will also be in the line of fire with a proposed 26% duty, that's still lower than the 35-50% slabs expected for others. In the world of global sourcing, even a few percentage points can make a big difference.
That said, there's a pause. These tariffs-though announced-are currently in a 90-day consultation window before they officially kick in.
Over the past few years, several Indian textile companies have quietly prepared for thi...
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