With the US slapping a steep 35% tariff on garments from Bangladesh, global sourcing dynamics are shifting fast. India, which currently faces only a 10% duty, is now in a sweet spot to grab a bigger share of the US apparel market. 🔹 Why it matters: Bangladesh holds nearly 9% of US garment imports. With this tariff shock, US buyers are actively looking for alternatives—and India is right in the spotlight. Indian exporters are already seeing increased inquiries from US brands. Talks are underway for a trade deal that could further reduce duties on Indian garments, footwear, and jewelry. If successful, this could make Indian products even more cost-competitive. 🔹 Stock market reaction: Textile and garment stocks rallied sharply: Gokaldas Exports: +8% Vardhman Textiles: +7.9% KPR Mill, Arvind, and Welspun also saw strong buying interest.

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