{"id":117748,"date":"2025-08-29T05:27:07","date_gmt":"2025-08-29T05:27:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/117748\/"},"modified":"2025-08-29T05:27:07","modified_gmt":"2025-08-29T05:27:07","slug":"25-indias-textile-industry-at-risk","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/117748\/","title":{"rendered":"25% India&#8217;s Textile Industry At Risk"},"content":{"rendered":"<p>\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" border=\"0\" src=\"https:\/\/www.newsbeep.com\/us\/wp-content\/uploads\/2025\/08\/textile-industry11756436922.jpg\" align=\"absmiddle\" alt=\"25% India's Textile Industry At Risk\" \/><\/p>\n<p>Industry experts warn that nearly 25% of India\u2019s textile exports could be hit over the next six months due to the US raising tariffs on Indian imports to 50 per cent.<\/p>\n<p>The United States is India\u2019s largest apparel market, and exporters are already seeing order cancellations.<\/p>\n<p>The steep tariffs are expected to dent competitiveness, although duty free cotton imports have been extended till December 31, offering temporary relief.<\/p>\n<p>Confederation of Indian Textile Industry\u2019s Chandrima Chatterjee said exporters face a 20\u201325 per cent loss, even after adjusting strategies. Without re-orientation, losses could rise to 28 per cent.<\/p>\n<p>The government\u2019s extension of cotton duty exemption will help reduce input costs by narrowing the 10\u201315 per cent price gap between domestic and international cotton, making Indian textiles slightly more competitive.<\/p>\n<p>Apparel Export Promotion Council chairman Sudhir Sekhri called the tariffs deeply concerning, given America\u2019s importance as a market.<\/p>\n<p>He assured government support but stressed the urgent need to explore alternate destinations and leverage free trade agreements to reduce dependency on the US.<\/p>\n","protected":false},"excerpt":{"rendered":"Industry experts warn that nearly 25% of India\u2019s textile exports could be hit over the next six months&hellip;\n","protected":false},"author":2,"featured_media":117749,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101,2344,76088,5736],"class_list":{"0":"post-117748","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-india","11":"tag-textile-industry","12":"tag-trump-tariffs"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/117748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=117748"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/117748\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/117749"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=117748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=117748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=117748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}