India's textile and apparel exports down by 3.75% in January, outlook improves now with India US interim deal

India's textile and apparel exports saw a dip in January. High tariffs from the United States impacted shipments. However, a recent reduction in these tariffs is expected to boost export competitiveness. This change should support a recovery in textile and apparel shipments in the coming months. The sector's share in India's total exports also saw a decline.