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2 mn jobs at risk in apparel mfg sector

The New Indian Express Mysuru

|

August 04, 2025

THE Indian apparel and textile industry is facing a potential crisis with the latest tariff rates announced by the U.S. government, which industry leaders warn could lead to over 2 million job losses and a significant downturn for the sector.

- DIPAK MONDAL @ New Delhi

The new US tariff rate for India has been set at 25%, placing it at a significant disadvantage against major competitors like Bangladesh and Vietnam, which have been placed in lower tariff brackets of 20%. Indonesia and Cambodia have an even lower rate of 19%. The Indian apparel industry was comfortably placed with the originally announced reciprocal tariff structure as it enjoyed tariff advantage vis- à-vis major competitor countries. The liberation day tariff announced originally by the Trump administration against India was 26% whereas it was 37% against Bangladesh, 46% against Vietnam, 44% against Sr

FLERE HISTORIER FRA The New Indian Express Mysuru

The New Indian Express Mysuru

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OUT-OF-FAVOUR India wicketkeeper-batter Ishan Kishan made a compelling case for a T20I recall with a belligerent hundred to power Jharkhand to their maiden Syed Mushtaq Ali Trophy title with a 69-run victory over Haryana on Thursday.

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The New Indian Express Mysuru

Mamata to rename her govt-funded job scheme after Mahatma Gandhi

WEST Bengal Chief Minister Mamata Banerjee on Thursday said that her government would rename a state-funded job guarantee scheme after Mahatma Gandhi, a statement made amid the ongoing row over the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) Bill (G RAM G Bill 2025).

time to read

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CCI will launch probe into IndiGo for ‘abusing its dominant position’

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time to read

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The New Indian Express Mysuru

ELOQUENT SILENCE OF CONSTITUTIONS

LUDWIG Wittgenstein famously concluded his Tractatus Logico-Philosophicus with the injunction: \"Whereof one cannot speak, thereof one must be silent.\"

time to read

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The New Indian Express Mysuru

India says will help Afghanistan with vax, med

Support over the past four years to Kabul

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The New Indian Express Mysuru

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Aus PM vows hate speech crackdown after Bondi attack

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time to read

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