The Union Ministry of Textiles said on Saturday that the agreement between India and the U.S. opens up a $118 billion U.S. global imports market of textiles, apparels, and made ups. With the U.S. being India’s largest export destination of around $10.5 billion, the deal is expected to play a pivotal role in India achieving its intended target of $100 billion exports in 2030. The Confederation of Indian Textile Industry chairman Ashwin Chandran said India’s textile and apparel exports can once again compete effectively in the U.S. The U.S. imports of textiles and apparel from India dropped 31.4% in November 2025 compared to November 2024. The industry is awaiting more clarity on cotton as India’s exports of textiles and apparel are primarily driven by cotton.

Source: The Hindu February 08, 2026 03:17 UTC