Indian exporters have welcomed the finalisation of the US trade deal, describing it as a confidence booster that has revived order flows across sectors. However, industry leaders have stressed that clarity on tariff structures and implementation details will determine how much India ultimately benefits from the agreement.

Under the deal, tariffs on Indian goods have reportedly been reduced to 18%, offering relief to exporters in textiles, solar equipment, agro products, and AYUSH segments. Industry representatives say the development has improved business sentiment after a period of uncertainty triggered by earlier tariff actions.

Shaleen Toshniwal, Chairman of the Manmade and Technical Textiles Export Promotion Council (EPC), said the agreement presents an opportunity to create a “level playing field” for Indian manufacturers. “We have an 8% market share in the EU. We will double that,” he told NDTV Profit, describing recent US tariff measures as “a blip in the middle of smooth sailing.” He added that double-digit export growth is expected to continue, with current capacity utilisation levels of 75–80% likely to rise further.

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Toshniwal also noted that the industry plans to push for a Textile Upgradation Fund to modernise plants and machinery. He said government initiatives such as the PM MITRA parks and Production Linked Incentive (PLI) schemes would be leveraged to strengthen competitiveness and expand global market share.

While optimism has returned, exporters have cautioned that the fine print—particularly on mutual recognition agreements, compliance norms, and sector-specific tariff lines—will be crucial. Industry stakeholders say swift execution and clear guidelines will determine whether India can fully capitalise on the opportunities created by the trade pact.

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