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India’s July 15 CETA tailwind meets a 27% US export decline

India’s July 15 CETA tailwind meets a 27% US export decline



India’s July 15 CETA tailwind meets a 27% US export decline

The UK tailwind: Importers positioning ahead of CETA

According to UK Department for Business and Trade, CETA removes UK tariffs of up to ** per cent on almost every Indian textile and clothing line from day one. India is currently the UK’s fourth-largest textile supplier with a share of around *.* per cent a modest base that CETA is designed to enlarge. TexPro data suggests UK importers are already positioning ahead of the July ** activation. Every major product category grew in Q* ****: shirts (+** per cent), trousers and shorts (+** per cent), skirts (+** per cent), and jackets and blazers (+** per cent). Britain took $*.** billion of Indian apparel in calendar ****. The Confederation of Indian Textile Industry (CITI) has said the sector “can expect to grow by **** per cent against the current growth of *.* per cent per annum,” with a target of doubling UK share in three to five years.

The cost break: Cotton duty waiver cuts input cost through October

India’s cotton duty waiver reduces the landed cost of imported raw cotton by ** per cent for the June-October window. For India’s cotton-heavy exporters, where fibre is the largest single input cost, this narrows the input-cost gap with Bangladesh and Vietnam, both of which already import cotton duty-free. The window is timed to bridge supply until India’s domestic ****** crop arrives. Combined with CETA, the two measures give cotton-based Indian exporters a rare double lift: cheaper raw material and duty-free access to a major buyer.



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