India-Oman CEPA hands textile exporters duty-free access to $598M apparel market from June 2026
All 945 textile and apparel tariff lines plus handicrafts get immediate duty-free entry into Oman, eliminating the 5% MFN duty. Indian exporters, currently holding 11% import share with $95.1M in FY26 shipments, gain a clear price edge over GCC rivals, boosting MSMEs and GI-tagged handlooms.
India-Oman CEPA effective June 1, 2026 grants immediate duty-free access on all 945 textile/apparel tariff lines plus handicrafts, eliminating 5% MFN duty. Indian exporters gain price edge in Oman's $598M apparel import market, boosting MSMEs and GI-tagged handloom visibility.
Why this matters
CEPA marks a structural tailwind for Indian textile exporters, converting an 11% Oman import share and $95.1M FY26 base into a duty-advantaged position against GCC competitors from June 2026.
Retail-brand signals steady at 961 in the last 90 days, indicating consistent sector activity.