Nuvama highlighted that China's share of US apparel imports has halved over the past decade, leaving around 20% of the US market open to alternative suppliers such as India, Bangladesh, Vietnam, Pakistan and Indonesia
The brokerage said policy initiatives, including PM MITRA parks, are aimed at improving integration and scale, while support for garments, MMF and technical textiles could help India move further down the value chain.
India's textile industry poised for growth.
Global apparel sourcing shifts from China.
Improved trade access and policy support.
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