US Tariffs Devastate Indian Textile Industry, Leaving Weavers Like Pankaj Kumar in Financial Ruin
US tariffs on Indian textile imports are having a devastating impact on India's textile industry, causing widespread job losses and economic hardship. Many Indian manufacturers are struggling to compete with cheaper imported goods, leading to a significant decline in production.
US tariffs have dealt a devastating blow to India's textile industry, with Ludhiana-based spinners like Pankaj Kumar feeling the pinch due to increased costs and reduced exports. The tariffs, imposed in 2019, have made Indian textiles less competitive in the global market. As a result, many small-scale mills are struggling to stay afloat, leaving workers like Kumar without a steady income. India's textile industry is now facing an uncertain future as it struggles to recover from the impact of the tariffs.
