Amid delays in the US-India tariff agreement, India is adopting a China-style export diversification strategy. After finalizing a trade deal with Oman, India is now in the final stages of negotiations with the European Union, its second-largest apparel export market. Currently, Indian apparel exports face 8–12% import duties in the EU, unlike Bangladesh, Vietnam, and Turkey. Amidst the delay in US-India Tariff Agreement, India is now working on Export Diversification Strategy like China. After the Trade Agreement with Oman, negotiations with EU are now in the final stages. EU is India’s second largest Apparel Export Market, where currently 8–12% Import Duty is imposed on Indian Products. Countries like Bangladesh, Vietnam and Turkey do not have to pay this fee.
