Deep DiveRedefining Global Sourcing: What a US–India Trade Deal Means for Retailers and Manufacturers Aditya Kaushik, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research July 28, 2025 Reasons to ReadDiscover how the US–India trade pact could reshape global sourcing and unlock cost advantages amid tariff turmoil. Read this report to uncover answers to these critical questions: How is India emerging as the next global manufacturing hub for US-bound goods? What concessions and phased strategies define the proposed US–India trade deal? Which sectors—textiles, electronics, footwear and pharma—stand to gain the most from tariff rollbacks? How will shifting trade flows impact brands reliant on Chinese supply chains versus early movers diversifying to India? Data in this research report include: Relative tariff exposure by retailer and sourcing country; trade volumes and US import share for apparel, electronics, engineering goods, leather and pharmaceuticals from India; export-import breakdowns by category and destination such as the US and India. Companies mentioned in this report include: Apple, Google, Samsung, MGA Entertainment, Abercrombie & Fitch, Levi’s, Gap, American Eagle Outfitters, Aritzia, Five Below, PUMA and Tractor Supply Company. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Aldi vs. Lidl US Store Openings: Mapping Retail Real Estate Changes with the Store Intelligence PlatformConsumer Sentiment—The Big Surprise in a Week of Shocks; Plus, Apparel Shopping in Focus: US Consumer Survey InsightsConsumer Sentiment Falls Further After Stock-Market Sell-Off; Plus, Social Commerce in Focus: US Consumer Survey InsightsHigh-Income Consumers’ Financial Sentiment Reaches New Peak: Weekly US Consumer Sentiment, Week 24, 2025—Infographic
