Balanced Trade Crucial, Says CTA’s Dr. Kansal on US Tariffs

In response to US President Donald Trump’s recent remarks about the possibility of higher tariffs on Indian exports, using the US-Indonesia trade model as a reference, Dr. Mukesh Kansal, Chairman of CTA Apparels, emphasized the need for a balanced and collaborative approach to international trade.

Dr. Kansal stated, “As global trade dynamics evolve, it is important for India to engage with such developments thoughtfully. Trade arrangements that ensure mutual benefit and stability are essential for sectors like textiles and apparel that are highly employment-intensive.”

He noted that manufacturing and export growth depend on predictable policies and fair international market access.

Dr. Kansal added, “The apparel industry plays a vital role in India’s economy and supports a large workforce. A sudden shift in tariff structures could affect competitiveness and global market positioning.”

As India–US trade discussions continue, Dr. Kansal reaffirmed the industry’s focus on quality improvement, sustainability, and innovation.

“The apparel industry plays a vital role in India’s economy and supports a large workforce. A sudden shift in tariff structures could affect competitiveness and global market positioning.”

“As global trade dynamics evolve, it is important for India to engage with such developments thoughtfully.”