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Fresh US tariff makes life difficult for Indian textile sector
The Statesman Bhubaneswar
|August 05, 2025
The latest US tariff announcement on 31 July has made more difficult what was already a challenging situation for India's textile and apparel exporters.
At least that's what the Indian textile industry and the Confederation of Indian Textile Industry (CITI) feel. It is understandable that the apex industry body expects the government to rise to the occasion and come to the aid of the sector during this trying period.
The Centre facilitating the availability of raw material at internationally competitive prices would prove to be a valuable support to the textile sector in this regard as it would enable local industry players being better able to compete with their international peers. The US tariff rate for India has been set at 25 per cent. Interestingly, the US is India's largest market for textile and apparel exports.
Esta historia es de la edición August 05, 2025 de The Statesman Bhubaneswar.
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