CITI calls for ‘zero-for-zero’ tariff agreement with the U.S.


The Confederation of Indian Textile Industry (CITI) has urged a ‘zero-for-zero’ tariff agreement with the U.S. for textile and apparel trade. The U.S.-India trade balance in textiles and apparels remains strongly in India’s favour. In 2024, U.S. imports from India stood at about $10.8 billion, whereas U.S. exports to India were limited to just $0.41 billion, with cotton making up 50.6%. With reduced tariffs, exports to the U.S. could surge to $16 billion in the next three years, CITI said.



Source link

  • Related Posts

    Lupin, China’s SUP ink pact for COPD drug Tiotropium DPI

    Lupin has signed a license and supply agreement with Sino Universal Pharmaceuticals (SUP) for commercialisation of chronic obstructive pulmonary disease drug Tiotropium Dry Powder Inhaler, 18 mcg/capsule, in the Chinese…

    Continue reading
    India to export 150 locomotives to Africa worth over ₹3,000 crore

    “These locomotives are fitted with Distributed Power Wireless Control System, or DPWCS, for synchronised operations and superior freight handling,” a Railways Ministry spokesperson said. Photo: https://www.wabteccorp.com/ India will supply 150…

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *