ICRA expects the cut in US reciprocal tariffs on Indian goods to 18 per cent to support apparel exporters, with operating margins likely to recover to about 9.5 per cent in FY27 after falling in FY26.
India’s apparel exports may dip slightly in FY26 before rebounding.
The outlook for the sector has been revised to ‘Stable’, aided by easing tariff pressures and trade agreements.
India’s apparel exports may dip slightly in FY26 before rebounding.
The outlook for the sector has been revised to ‘Stable’, aided by easing tariff pressures and trade agreements.
