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Indian business / export upside

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The Economic Times / ICRA · India · EU and India clinch the 'mother of all' trade deals

Mainstream Indian business read: textiles and apparel the biggest winners as EU's 10-12% garment duties fall, with India's $7-7.5bn EU textile exports facing a $250bn-plus import market; pharma gains more from regulatory cooperation than tariffs.

“Indian exporters are expected to regain pricing parity across knitwear, outerwear and home textiles as EU garment tariffs are eliminated.”