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Textile exporters see up to 50% drop in US business: Survey
Financial Express Ahmedabad
|October 14, 2025
Around 25% discounts offered to retain consumers
INDIA'S TEXTILE AND clothing exporters have witnessed up to 50% drop in their US business due to the imposition of 50% duties by the Trump administration from August 27 with inventories piling up and orders getting delayed, according to an industry-wide survey.
The Confederation of Indian Textile Industry (CITI) said around one-third of the respondents in the survey have reported that the turnover of their US business has reduced by more than 50%. Around 85% of them have reported inventory buildup due to reduction in orders.
Dit verhaal komt uit de October 14, 2025-editie van Financial Express Ahmedabad.
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