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TN Leather Exporters See Silver Lining in New Tariff by US on Indian Exports
The New Indian Express Coimbatore
|April 04, 2025
Following US President Donald Trump's imposition of a 26% tariff on Indian exports, Tamil Nadu's auto, textile, and leather sectors are bracing for disruptions, particularly in labor-intensive industries.
Indian leather and textile exporters are navigating both challenges and opportunities in response to these tariffs. Abdul Wahab, MD of KH Shoes, warned of potential order cancellations and declining exports. India's total leather exports stand at $4.01 billion, with the US being the largest market, accounting for $873 million (21.71%). Tamil Nadu, which contributes 40% of this total, is especially vulnerable to the policy shift.
Cette histoire est tirée de l'édition April 04, 2025 de The New Indian Express Coimbatore.
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