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CITI welcomes India’s Export Promotion Mission for T&A growth

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CITI has welcomed the Union Cabinet’s approval of the Export Promotion Mission, calling it a major boost for the textile and apparel (T&A) sector.
Chairman Ashwin Chandran said it will enhance global competitiveness, support MSMEs, and create jobs.
The move follows a 50 per cent US tariff that hit exports, which fell over 10 per cent in September 2025.CITI has welcomed the Union Cabinet’s approval of the Export Promotion Mission, calling it a major boost for the textile and apparel (T&A) sector.
Chairman Ashwin Chandran said it will enhance global competitiveness, support MSMEs, and create jobs.
The move follows a 50 per cent US tariff that hit exports, which fell over 10 per cent in September 2025.