It ain't fashion, if it ain't sustainable

Indian Textiles Under Oil Pressure

India's textile and apparel exporters face a US duty that Washington has waived for now and can restore at any time. In this three-part series, three questions recur: what decides India's exposure, how much more strain its garment clusters can absorb after last year's tariffs, and why US sourcing has moved towards Vietnam, Bangladesh and other Asian suppliers.

Double Jeopardy / Indian Exports / I

19 October 2026

6 minutes

India's energy planners weigh Russian supply against access to the US market, a trade-off that a revocable waiver postpones without resolving.

Indian Exporters Gain Time, Not Certainty, From the US Waiver

A US executive order of 16 October imposed a 100% duty on the largest buyers of Russian energy and waived it in the same text. Indian exporters escape the duty for now, but the waiver has no end date and can be withdrawn at any time, while India's Russian crude purchases remain close to 1.8 million barrels a day.

Richa Bansal

Analysis

Wireframe: Indian Textiles Under Oil Pressure