Shares of Indian textile and shrimp exporters surged on Wednesday following US PresidentDonald Trump's comments on a potential trade deal with India, raising investor expectations for reduced tariffs on domestic exports.
“Mr Blackman the theme for this debate is onshoring in the fashion and textiles industry for jobs, skills and prosperity and the answering department would likely be the department for business and trade.
India is working to regain its price edge in the global textiles market as Bangladesh, Vietnam and China become more competitive ... largest textile producers, India is struggling on several fronts.
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