Fiberweb Bags Rs 8 Crore US Export Orders After Tariff Cut
Fiberweb (India) Ltd., a pioneer in the nonwoven fabric industry and a 100% Export Oriented Unit (EOU), has reported a sharp rise in export orders following the recent announcement of a trade deal between India and the United States.
According to the company, the development comes in the wake of a reduction in US reciprocal tariffs on Indian goods from 50% to 18%. Soon after the policy announcement, Fiberweb secured more than 15 new export orders from customers in the United States.
The cumulative value of these orders exceeds Rs 8 crore, all received within a few hours of the trade announcement, reflecting strong demand for the company’s technical textile products.
Fiberweb stated that the rapid inflow of orders highlights the competitiveness of its high-quality nonwoven fabrics in international markets. The easing of trade barriers has also enabled the company to leverage its established relationships with American distributors and end-users more effectively.
Bhavesh P. Sheth, President, Fiberweb (India) Ltd., said, “We are highly encouraged by this immediate and positive response from our US partners. Securing orders worth over Rs 8 crore in such a short timeframe is a testament to our operational agility and the global reputation of our products.”
He added that the company is preparing to scale up production to meet the increased demand while continuing to deliver value to customers and stakeholders.
The order wins are seen as an early indicator of the potential benefits that improved trade conditions could bring to Indian technical textile exporters, particularly those with established overseas markets and specialized product offerings.
