Reduced customs could help India’s standing in the global market for clothing and footwear

Reduced customs duties could significantly enhance India’s competitiveness in the global market for clothing and footwear, providing a much-needed boost to the industry. High import duties on raw materials such as textiles, leather, and synthetic fibers often inflate production costs, making Indian products less competitive compared to those from countries like Bangladesh, Vietnam, and China, which benefit from more favorable tariff structures.

By lowering customs duties, manufacturers can access higher-quality raw materials at competitive prices, enabling them to produce goods that meet international standards. This would also encourage technological upgrades and the adoption of innovative practices in production, as lower costs allow companies to invest in modern machinery and sustainable methods.

Additionally, reduced customs duties could enhance India’s participation in global value chains, attracting foreign investments and fostering collaborations with international brands. This aligns with government initiatives like Make in India and Atmanirbhar Bharat, which aim to establish India as a global manufacturing hub.

For the clothing sector, lower import costs on specialty fabrics and advanced processing equipment could help Indian manufacturers diversify their offerings and penetrate premium markets. Similarly, for the footwear industry, reduced tariffs on essential components such as soles, uppers, and leather accessories would boost local production capabilities and export competitiveness.

In a global market increasingly driven by price sensitivity and quality, reduced customs duties could empower Indian manufacturers to offer value-driven products, bolster export performance, and strengthen India’s position as a key player in the $2.25 trillion global fashion industry.