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.
What happened
Indian Textile & Apparel Exporters · India-Oman CEPA effective June 1, 2026 grants immediate duty-free access on all 945 textile/apparel tariff lines plus
Key facts
- 945 tariff lines
- 5% MFN duty eliminated
- USD 95.1 million FY26 exports
- USD 598 million Oman annual imports
- 11% import share
- June 1, 2026
Why this matters
Scout bolt-on acquisitions of GI-tagged handloom and MSME apparel players to pre-position for duty-free Oman access and broader GCC CEPA optionality.