How recent wage hike put India’s NCR T&A sector to test

Sharp wage hikes are triggering a cost shock, severely squeezing margins for NCR textile and apparel manufacturers.
MSMEs are most vulnerable, with rising labour costs threatening financial stability and operations.
Industry fears loss of competitiveness.
Unrest and policy uncertainty risk damaging NCR’s credibility as a reliable manufacturing hub.Sharp wage hikes are triggering a cost shock, severely squeezing margins for NCR textile and apparel manufacturers.
MSMEs are most vulnerable, with rising labour costs threatening financial stability and operations.
Industry fears loss of competitiveness.
Unrest and policy uncertainty risk damaging NCR’s credibility as a reliable manufacturing hub.