Imposition of a 50 per cent tariff on Indian imports by US severely impacted Tamil Nadu.
Tiruppur and Coimbatore are particularly vulnerable, with Tiruppur alone accounting for nearly 60 per cent of India’s knitwear exports.
FTA with UK and a potential EU deal may offer long-term relief, but immediate challenges remain acute, even as calls for diversification of export markets grow strong.
Tiruppur and Coimbatore are particularly vulnerable, with Tiruppur alone accounting for nearly 60 per cent of India’s knitwear exports.
FTA with UK and a potential EU deal may offer long-term relief, but immediate challenges remain acute, even as calls for diversification of export markets grow strong.
