February 4, 2026 10:04 AM
Tariff cut to revive Indian carpet exports to US, say industry experts
A significant boost has come for India’s carpet industry as the United States has slashed import tariffs on Indian carpets from 50 per cent to 18 per cent. The decision has brought renewed optimism among exporters in Uttar Pradesh’s Bhadohi—India’s carpet hub—and strengthened the country’s position amid stiff competition in the global market. India exports carpets worth nearly Rs 17,000 crore annually, with the United States alone accounting for over 70 per cent of total exports...