VUCA," Volatility, Uncertainty, Complexity, and Ambiguity."

Global unpredictability & chaos clearly is hurting growth which is visible in soft data and also trickling hard data.
The differential tariffs hopefully will help India's textile exports to rev-up it's market share in the US market.
The supportive tariff arbitrage to work as a margin buffer expect textile trade experts back home in India.
So the experts' policy advocacy seeking timely administration intervention schemes like PLI etc. to help industry enhance the scale and scope the area where the industry is marred by the constraints of making best out of opportunities been thrown by Trump's ratchet up of tariff tantrums and visibly India is been responding to changing global politics well amid easing geopolitics tensions.

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The government is trying to do its bit but more needs to be done given that the ball has already been thrown and waiting to be caught and the good bit is the authorities are seized of the issue and, are also in the process of exploring and doing a terrific job of trying a right fit FTAs/Bilateral trade deals across globe including mother of all EU-India trade alliance to get textile industry its mojo back.
Although we are in a state of flux but going by the tariff tide unleashed by Washington these tariffs, especially those slapped on key textile-exporting rivals like China, Vietnam, and Bangladesh, it is constructive to assume that it could give India with a significant competitive edge in the vital US market. 

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Particularly in the case of China though as of now the nuances of the US-China trade deal is not very clear given the complexity involved and both sides are trying not to get into ZERO_SUM game at this stage but given TRUMP administration structural tariff approach the India's textile sector (T&A) is in all the probability going to have tariff arbitrage over Chinese textile sector (T&C). 
Again, given the global supply chain structural direction of reducing high reliance on Chinese supply chain with policies' like Decoupling/ Derisking/ Diversification/ China plus one/ China plus two and India being in a good place in the current geopolitics it all bodes well/ it should hopefully take India's textile exports in good stead.
SO FAR SO GOOD! But conventional wisdom puts it stay vigilant can't really let our guard down!

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Risk reward: Over exposed to China since longest time
Let us see where India textile exports starts from given the reality of the day presently, Indian exports have a mere 6% market vis-à-vis 19% of Vietnam and, 9% of Bangladesh in the important American market. And with its recent good showing it is sanguine to assume that there is a lot of uptick in the exports potentially in the labour intensive sectors like textiles, more so after the so called much-awaited BTA (Bilateral Trade Agreement) which in the Trump's own version it is round the corner/as its he who knows how much priority to be accorded to what.
Unparalleled insights Striking point is that tiered tariff structure is at a tipping point playing a decisive role.

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With situation as exists as on today India potentially is posed with a comparatively/relatively lower tariff rate (e.g., around 26% compared to higher rates for some competitors), Indian textiles may become a bit more attractive option for US buyers besides being a trusted trade partner notionally. 
This paradigm shift in the cost landscape is been seen as a precursor to likely sanguine surge in textile export volumes as US importers seek more cost-effective sourcing alternatives in their search of reducing reliance on Chinese supply chains through the period.
Cautious optimism; How much is India's competitiveness that is the question today we should be asking ourselves today. The semblance is with uncertainty ebbing/too premature to state bottomed out in the overall scheme of things in one line it could be said, "ALL IS WELL" as the textile experts are staying constructive on the way things are placed and shaping up in the near/ mid term period and India is well on its way to becoming 5$Tn economy and inches away from becoming 4th largest global economy.

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