PANIPAT: The US-China tariff war has started a golden opportunity for Panipat textile manufacturers and exporters. US tariffs on China have increased the prices of Chinese products, due to which American buyers have switched over their procurement of textile goods placing orders on Panipat exporters. Information reveals, Panipat exporters have received orders worth Rs 5000 crore from American buyers at the Indian Handicraft-Gift Fair held in Noida recently. It is expected that more orders for amounts worth Rs 5000 crore will be received by September this year. The US-China tariff war has become an opportunity for the textile city Panipat, when China imposed a 125 percent tariff on America, and responded by imposing a 245 percent dumping duty on China.
In America, Chinese blankets, bedsheets, bathmats, towels and carpets have become more expensive than Indian products after their prices have much increased, as such the American orders being placed to China are being shifted to Panipat. Information reveals, about one thousand buyers from America arrived at the Indian Handicraft-Gift Fair held in Noida from 16 to 19 April this year, who have placed orders worth about five thousand crores to the exporters of Panipat, apart from another rupees five thousand crores worth of orders are expected by September this year as a result happiness among exporters of Panipat has been seen. Now Panipat’s exports to America can increase from 9,600 crores to 15 thousand crores in 2025-26, expecting worldwide exports to reach rupees 30,000 crores. Panipat’s exporters are very happy with this and have also invited American buyers for a meeting in Delhi.
The Indian Handicraft-Gift Fair is held twice a year in September and April at Greater Noida. This fair being World’s largest handicraft and gift fair gets a huge gathering of buyers from all over world, in which nearly 3500 buyers from about 105 countries attend this fair. Panipat exporters have received the maximum American orders.showcases the Indian handicraft sector to the world. The aim of this fair is to increase the production capacity of Indian handicrafts, improve quality and bring innovation in designs. Information reveals that Chinese products were nearly 40 percent cheaper in America as a result exporters from China used to get maximum orders in the past. In America, the prices of Chinese mink blankets, bedsheets, towels, bathmats, carpets and sofa covers were up to 40 percent lower than those exporters in Panipat as a result American buyers used to place more orders with China than Panipat. Panipat exporters had to work hard to get orders from American buyers placing orders on their own terms. After the tariff war, about 50 percent of Chinese orders have been shifted to Panipat.
Panipat exporters are facing biggest competition in textile products from China, Vietnam, Bangladesh and Pakistan. China is lagging behind due to tariffs, whereas all these countries will remain weak as compared to the manufacturers and exporters of Panipat in America. It was observed that these countries were not successful in getting orders even in the recent Noida exhibition. However, textile goods manufacturers from Egypt and Turkey will remain a challenge for Panipat exporters, since the distance between Egypt and Turkey is much less than between America and India, as well as tariffs have not been imposed on them. Moreover, products manufactured in these countries are made by machines, as such these countries are manufacturing goods much faster than manufacturing in Panipat, as such The products of both countries are 15-20 percent cheaper than the products manufactured in Panipat. Usually, it takes three months for Panipat exporters to send goods to America.
