A sigh of relief: What the US-India trade deal means for the textile and garment industry

Not even two months in, and the year 2026 already seems to be a promising one for trade deals. After the ink is barely dry on what observers have called the “mother of all trade deals” - the free trade agreement between the European Union and India signed on 27th January - another one is taking centre stage. Indian prime minister Narendra Modi and US President Donald Trump announced a landmark trade agreement on 2nd February, which has sent a surge of optimism through the textile and garment sectors.