The US imposition of an additional 25 per cent tariff on Indian textile and apparel imports is triggering a major shift in sourcing strategies.
Many retail giants have reportedly paused sourcing from India, creating uncertainty among Indian exporters.
Analysts predict an estimated revenue loss of $4 to $5 billion for the Indian textile sector.The US imposition of an additional 25 per cent tariff on Indian textile and apparel imports is triggering a major shift in sourcing strategies.
Many retail giants have reportedly paused sourcing from India, creating uncertainty among Indian exporters.
Analysts predict an estimated revenue loss of $4 to $5 billion for the Indian textile sector.
