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India boosts textile exports with new policies and aims for $100B by 2030 despite U.S. tariffs.
India is working with textile exporters, including MSMEs, to address the impact of U.S. tariffs, implementing measures like a credit guarantee scheme, cotton duty exemptions until December 2025, and reforms to boost domestic demand and exports.
The government is pursuing a bilateral trade agreement with the U.S., expanding export promotion, and extending export obligation periods.
Despite a 0.26% rise in exports to $32.56 billion from January to November 2025, officials stress the need for more free trade agreements to compete globally.
Vice President C.P.
Radhakrishnan highlighted India’s goal to reach $100 billion in textile exports by 2030, noting strong growth in recent months and urging sustainable practices and new market expansion.
India impulsa las exportaciones textiles con nuevas políticas y apunta a $ 100B para 2030 a pesar de los aranceles estadounidenses.