CITI has raised concerns over the new 25 per cent US tariff on Indian textile and apparel exports, saying it worsens an already tough situation.
With lower tariffs for competitors like Bangladesh (20 per cent) and Indonesia (19 per cent), CITI urges the government to support the sector with affordable raw materials and hopes for a swift India-US trade deal to address the export challenge.
With lower tariffs for competitors like Bangladesh (20 per cent) and Indonesia (19 per cent), CITI urges the government to support the sector with affordable raw materials and hopes for a swift India-US trade deal to address the export challenge.
