India risks missing US textile opportunity amid QCO hurdles
India risks missing a chance to gain textile orders diverted from China due to high raw material costs and QCOs, despite US tariffs on Chinese goods. Industry leaders warn that expensive polyester, viscose and cotton hinder export competitiveness. Turkiye may benefit instead. Even with QCO removal, a short 90-day US window limits gains. Urgent policy clarity on raw material protectionism is needed.
India risks missing a chance to gain textile orders diverted from China due to high raw material costs and QCOs, despite US tariffs on Chinese goods.
Industry leaders warn that expensive polyester, viscose and cotton hinder export competitiveness.
Turkiye may benefit instead. Even with QCO removal, a short 90-day US window limits gains.
Urgent policy clarity on raw material protectionism is needed.
