The Economic Times

India's apparel, footwear, chemicals to get a major export boost in US under bilateral trade pact

India's exports to the US will see a significant boost. An interim trade agreement between India and the US will reduce import duties on several Indian goods. This move is expected to greatly benefit labour-intensive sectors like apparel, footwear, and home decor. The US has removed punitive duties, and reciprocal tariffs are set to decrease.