New Delhi - India is planning dedicated outreach programmes in 40 key textile-importing nations, including the UK, Japan, South Korea, Germany, and Canada, to counter the impact of a steep 50% tariff imposed by the United States on Indian goods, officials said recently.
India already exports textiles to over 220 countries, but the top 40 importers hold the real key to diversification, accounting for more than $590 billion of global imports. At present, India’s share in the world textile trade stands at just 4.1%, or around 5-6%, leaving significant room for expansion.
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