Textile industry seeks export incentive to minimise US tariff impact

The US is India's largest market for textile and apparel exports, and had clocked around $4.59 billion worth of exports during the January to May 2025 period

Indian textile and apparel industry players on Wednesday raised concerns over the revised US tariff and sought immediate government intervention, including renegotiations with the US or an immediate rollout of export incentives in cash to minimise the impact on exporters. Industry bodies also batted for speedy implementation of a bilateral trade agreement (BTA).

 

The US is India’s largest market for textile and apparel exports, and had clocked around $4.59 billion worth of exports during the January-May 2025 period, up 13 per cent compared to the same period last year, when the figure stood at $4.05 billion.

 

“This is a huge