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
The Confederation of Indian Textile Industry (CITI) has welcomed the government’s decision to extend the exemption of import duty on cotton until December 31, 2025, calling it a crucial support measure for the country’s textile and apparel sector, which is reeling under the impact of a steep 50% tariff imposed by the US from August […]
The United States is close to finalizing a mini trade deal with India, President Donald Trump announced on Tuesday, as his administration issued reciprocal tariff notices to several global trading partners. The move follows Trump’s earlier imposition of a 26% tariff on Indian imports in April 2025, which was later eased to 10% for a […]
While CY2024 was a mix bag for the Indian T&A sector, the year CY2025 is expected to be a better one. The second half of 2024 saw a distinct recovery in the overall exports after multiple quarters of subdued performance in the backdrop of sluggish demand in the major markets of the EU and the […]















