Jacob Smith9 Apr 2026India’s textile industry is feeling the heat as the Iran war drives up raw material and packaging costs. Employing over 45 million people, the sector faces pressure from rising oil prices that could weaken demand in key export markets like the US, potentially forcing production cuts and impacting livelihoods. #TextileIndustry #India #Economy #Jobs #OilPrices #GlobalTrade #Manufacturing3 likes3 comments#jobs#economy#textileindustry#globaltrade#india
Jacob Smith12 Feb 2026India–US Trade Deal May Offer Conditional Zero Duty on Apparel Exports Commerce Minister Piyush Goyal has indicated that India’s textile and apparel sector could secure conditional zero-tariff access to the United States under an interim trade agreement. The move could reshape bilateral trade ties while balancing concerns around sensitive sectors like agriculture. #IndiaUSTrade #PiyushGoyal #Texti8 likes8 comments#piyushgoyal#tradenews#indiaustrade#textileindustry