It would have been nicer if the author had also talked of India’s textile and apparel sector, which is among those hit hardest by the 50% tariff imposed by the United States on Indian goods, effective August 27. The US is the single-largest market for India’s textile and apparel items, with around 28% of these Indian goods being sold in the world’s No. 1 economy. India’s textile and apparel exports to the US in the financial year 2024-25 stood at nearly $11 billion.
It would have been nicer if the author had also talked of India’s textile and apparel sector, which is among those hit hardest by the 50% tariff imposed by the United States on Indian goods, effective August 27. The US is the single-largest market for India’s textile and apparel items, with around 28% of these Indian goods being sold in the world’s No. 1 economy. India’s textile and apparel exports to the US in the financial year 2024-25 stood at nearly $11 billion.