Impact of 50% US Tariff on Indian Textile Exports: Tirupur MSMEs Face Crisis
Tirupur's MSME garment exporters are severely hit by a 50% US tariff on textile exports, leading to cancelled orders, slashed prices, and a significant worker exodus. This crisis has resulted in widespread job losses, reduced wages, and units struggling to survive, forcing them to seek government support and explore alternative markets.
Tirupur's MSME garment exporters are severely hit by a 50% US tariff on textile exports, leading to cancelled orders, slashed prices, and a significant worker exodus. This crisis has resulted in widespread job losses, reduced wages, and units struggling to survive, forcing them to seek government support and explore alternative markets.
