Mumbai - SBI highlighted that India can also capture the apparel export share of Bangladesh, Cambodia and Indonesia. Currently, India’s share of apparel exports in the US imports is 6 per cent and if India can capture another 5 per cent from these countries, then it can add 0.1 per cent to its gross domestic product (GDP), the report added.

India faces competition from Bangladesh, Cambodia, Indonesia and Vietnam when it comes to apparel exports. Apart from Vietnam, the current tariff structure shows all these countries have higher tariffs than India. India can benefit . . .