India’s textile industry is expected to get zero-tariff benefits, a la Bangladesh, as part of the trade deal with United States, Commerce Minister Piyush Goyal said on Thursday. That’s provided if Indian apparel makers use US cotton.
Interests of farmers have been protected as part of the India-US trade deal, Goyal said, as 90-95% of farm products produced in India have been left out of the agreement.
With inputs from Reuters. More to come.