US market share in Indian apparel exports is set to shrink following US tariff hike, with apparel exporters seeing a 6-9 per cent dip in revenues in FY26, ICRA recently projected.
Margins in the sector are likely to contract by 200-300 bps due to discounts or inability to fully pass on tariffs.
Moderation in credit metrics is envisaged for apparel and home textile exporters.US market share in Indian apparel exports is set to shrink following US tariff hike, with apparel exporters seeing a 6-9 per cent dip in revenues in FY26, ICRA recently projected.
Margins in the sector are likely to contract by 200-300 bps due to discounts or inability to fully pass on tariffs.
Moderation in credit metrics is envisaged for apparel and home textile exporters.
6-9% revenue dip for Indian RMG exporters, US market share to drop
