Textile
| India-ASEAN trade: Opportunities amid tariff hurdles
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Insights
- ASEAN-India Trade in Goods Agreement faces scrutiny over tariff schedules, impacting India's competitiveness due to an inverted duty structure on intermediary products including textiles.
- India also raises concerns about discrepancies in import duties and non-tariff barriers.
- Trade with ASEAN nations show growth potential, but challenges remain.