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India-EU trade deal: Transforming global apparel supply chains

09 Jan '25
5 min read
India-EU trade deal: Transforming global apparel supply chains
India-EU trade deal: Transforming global apparel supply chains

Insights

  • India-EU trade deal talks are set to begin in 2025, including a potential * per cent tariff on Indian textiles.
  • This is poised to disrupt global apparel supply chains, with India gaining a competitive edge over Bangladesh, China and Türkiye.
  • Key products affected include cotton garments and T-shirts.
  • The move is expected to boost Indian textiles exports while reducing reliance on tariff-heavy markets.

Table *: Top ** affected countries due to the signing of the India-EU agreement (in $ mn)

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