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Sectors that lost out to Asian rivals back in race for US orders
Hindustan Times Lucknow
|February 08, 2026
Indian textile and apparel exporters have emerged as the biggest winners of the India-US trade breakthrough, with a tariff reduction from 50% to 18% providing immediate relief to the margin-sensitive sector.
The development reopens access to a $118 billion American market for an industry that had been losing ground to competitors in Bangladesh and Vietnam.
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