The 16.71 % decline of engineering exports in October 2025 as against October last year is driven by the fall in shipments to 15 of the 25 key destinations. Among the export products, 23 of the 34 engineering panels registered year-on-year negative growth, according to trade analysis by the EEPC India. Exports to the U.S., […]
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Profitability of RMG exporters dependent on the U.S. could contract 300-500 basis points, says Crisil Ratings. | Photo Credit: SIVA SARAVANAN S Revenue growth of India’s readymade garment (RMG) industry is set almost to halve on-year this fiscal as the imposition of 50% tariffs by the U.S. comes into effect from August 27, according to […]
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The U.S. is a key market for Indian ready-made garment exports, with the country holding a share of 33% in India’s total garment exports in 2024. | Photo Credit: The additional 25% tariff announced by the U.S. on exports from India will result in loss of substantial business if the tariff stays, said exporters of […]
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The exporters have urged the government to reintroduce the interest subvention scheme. Indian exporters, mainly the micro, small and medium-scale enterprises, have 2% to 3% disadvantage because of the high interest rates in India compared to the competing countries. | Photo Credit: SIVA SARAVANAN S Exporters of textiles, garments, and engineering goods fear that the […]
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Textiles exports declined 2.07% in June 2025 compared with the same month in the previous year, even as exporters are confident of better orders in the coming months. For April-June 2025, textile exports shrank 0.94% as against the same period last year. Apparel exports registered a 1.23% growth in June compared with June 2024 and […]
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