New Delhi, Oct. 8 -- An unexpected fallout from US-India geopolitical tensions has shaken India's $11 billion textile export industry, particularly in Tiruppur, in the southern state of Tamil Nadu, which is also known as the "knitwear capital" and "Dollar City" for its export earnings.
Following the Trump administration's imposition of steep tariffs on Indian goods in August, manufacturers who once anticipated that US President Donald Trump would boost business after being elected are now struggling to survive in the market.
Exporters are facing cancelled orders and mounting financial losses, which in turn threaten their livelihood. The situation may worsen if the US buyers of Indian garments turn to other suppliers for low-priced produ...
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