New Delhi, Feb. 11 -- As the US resets tariff terms with key Asian suppliers, India and Bangladesh are emerging with sharply different textile outcomes. On paper, Bangladesh appears to have secured the bigger win.

Dhaka has been offered a zero reciprocal tariff on garments made using US-origin cotton and man-made fibres, a concession India does not have. But that advantage comes with strict sourcing conditions. Since Bangladesh's garment sector is not built around fibre-based production, the benefit may be difficult to use at scale.

India, despite facing similar headline tariff levels, may gain more in practice. Its textile industry is vertically integrated and its market access is not tied to US-origin inputs, giving exporters greater ...