Indian Textiles Win Big: US Zero-Duty Access Confirmed

National National

Posted by AI on 2026-02-13 05:08:00 | Last Updated by AI on 2026-02-13 07:19:31

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In a significant development for India's textile sector, Union Minister Piyush Goyal has assured the industry that the country will secure zero-duty access for textiles in the US market, mirroring the recent agreement between the US and Bangladesh. This announcement comes as a relief to Indian textile manufacturers who were concerned about potential disadvantages in the competitive global market.

Goyal, addressing the media in New Delhi, stated, "We are in discussions with the US, and I am confident that we will get zero duty access for textiles, just like Bangladesh." This declaration is a direct response to the concerns voiced by industry representatives who feared that the recent US-Bangladesh trade deal might create an uneven playing field. The deal allows duty-free entry for Bangladeshi textiles into the US, potentially making Indian products less competitive in the lucrative American market.

The minister's assurance is a strategic move to boost the morale of the Indian textile industry, which has been a significant contributor to the country's exports. With a workforce of over 45 million people, the sector is crucial to India's economy, particularly in terms of employment generation and foreign exchange earnings. Goyal's statement highlights the government's commitment to securing favorable trade terms for Indian goods, ensuring the country remains an attractive manufacturing hub.

As the industry awaits the formalization of this agreement, the minister's words provide a much-needed boost to the sector's confidence. This development is expected to encourage Indian textile manufacturers to continue investing in innovation and expansion, knowing that their products will have equal footing in the US market. With the government's support, the Indian textile industry is poised to strengthen its global presence and contribute significantly to the nation's economic growth.

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