India’s readymade garment (RMG) industry is set to see revenue growth nearly halve to 3–5% this fiscal, weighed down by the imposition of a 50% tariff by the US on imports from India effective August 27, 2025. The tariff shock, coupled with a squeeze in profitability, is expected to weaken
The Clothing Manufacturers Association of India (CMAI) has strongly condemned the United States’ recent decision to double tariffs from 25% to 50%, warning that the move could severely undermine India’s apparel exports competitiveness in the global market. In an official statement, CMAI President Santosh Katariya expressed deep concern, calling the tariff hike “a
The Indian textiles and apparel (T&A) sector is finally on the revival path. If one goes by the recent export numbers, the cumulative exports in September 2024 have registered a significant growth of 12.38 per cent (Y-o-Y). In fact, at around $1.1 billion, the apparel exports from the country surged by 17.30 per cent in […]














