
Sammir Dattani: We view the recent tariff by US as the potential catalyst for growth
The recent tariff restructuring by the US administration presents a unique opportunity for the Indian textile industry. At Sanathan Textiles, we view this development as a potential catalyst for growth.
What’s crucial to understand is the relativity: India faces 27 per cent tariffs compared to China’s 54 per cent, Vietnam’s 46 per cent, Bangladesh’s 37 per cent, and Thailand’s 36 per cent. In relative terms, India is least affected among major textile exporters.
This competitive edge positions Indian manufacturers to potentially capture a larger market share globally. At Sanathan Textiles, we’re optimistic about favourable trade negotiations that could further enhance our industry’s competitiveness.
While we’re prepared to leverage this opportunity by enhancing our production capabilities, we’re taking a measured approach. It’s wait and watch for us till the dust settles down, but we remain committed to maintaining our quality standards as this trade landscape evolves.
The opinion is presented by Sammir Dattani, Director, Santhan Textiles