Profitability, credit metrics under pressure as 50% duty kicks in India’s home textile industry is staring at a 5–10% drop in revenue this fiscal after the US imposed a 50% tariff on imports from August 27, 2025. The US accounts for nearly three-fourths of the sector’s export earnings. CRISIL
Commerce and Industry Minister Piyush Goyal has assured industry representatives that the government will safeguard the interests of the textiles and apparel sector during the ongoing negotiations for the India-US Bilateral Trade Agreement, the Apparel Export Promotion Council (AEPC) said on Friday. AEPC Chairman Sudhir Sekhri and TEXPROCIL Chairman Vijay Agarwal met the
As the United States prepares to implement a new round of reciprocal tariffs, American textile importers are reportedly pressuring Indian exporters to absorb part of the cost burden—raising concerns over shrinking profit margins across the supply chain. Subin Mitra, Founder of apparel manufacturing platform Groyyo, confirmed that US importers have already begun requesting














