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Tirupur exporters hit by US tariffs: Apparel hub stops getting fresh orders; customers renegotiating old ones
CHENNAI: Tirupur knitted apparel exporters brace for drop in orders, reduction in profit margins and potentially losing long-term customers as the US govt's additional 25% tariffs kick in from ...
Tirupur's clock is ticking. The punitive 50% tariffs imposed by the US govt have put the `44,747 crore exports industry in a ...
Tiruppur exporters face ₹12,000 crore losses from US tariffs but report no job losses yet; future impacts loom.
Trump’s tariffs are fuelling inflation at home and hurting US consumers, even as India’s exports to the US plunge 37.5%. But ...
Exporters rushed to clear existing orders last week ahead of the tariff hike. Goods worth an estimated Rs 400–500 crore were shipped to the US last week from Tirupur. Industrialists fear that without ...
(MENAFN- IANS) Chennai, Aug 7 (IANS) Tirupur's garment exporters have expressed deep concern over the US' recent decision to impose an additional 25 per cent tariff on Indian goods, effectively ...
Apex exporters body FIEO on Tuesday expressed serious concerns over high US tariffs on Indian goods and said that textiles and apparel manufacturers in Tirupur, Noida, and Surat have halted production ...
The Tirupur readymade garments/knitwear cluster has begun operations in a slow and steady manner. Being in the Red Zone category, the export units as many as 1,100 are happy to have resumed their ...
Garment exports from Tirupur, which touched Rs 18,000 crore in 2013-14, have continued to grow recording 18% increase in the first quarter of the current fiscal. Synthetic and blended garments account ...
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