Tag: tariff impact
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US tariffs trigger steep 13% drop in India’s textile and apparel exports in Oct’25
Gujarat’s export hubs hit hard Firms report 50% drop in US-linked business The imposition of steep US tariffs has dealt a sharp blow to India’s textile and apparel export sector, with October 2025 emerging as a particularly painful month. According to data from the Confederation of Indian Textile Industry (CITI), textile exports fell 12.92% y-o-y…