India gets a lower US tariff; here's why textile exporters are still worried

India's textile sector faces US market pressure despite a 10% tariff rate. Competitors received tariff-rate quota exemptions which India missed out on. This absence weakens India's overall competitiveness against rival nations. However, India remains a relative beneficiary of the revised US tariff framework. Future investigations could expose India to additional tariffs, necessitating trade deal negotiations.

By TOI BUSINESS DESK