Textile Export 💥Gujarat Faces Huge Loss After 50% US Tariff

Textile exports of Gujarat are facing losses due to the 50% US tariff; the industry demands a 10% export incentive from the government.

India’s textile exports are in serious trouble after the US put a 50% tax on all imports from India. This is a significant blow for Gujarat’s textile hubs, Surat and Ahmedabad, which account for a substantial share of their goods being sold to the US. Industry leaders are asking the government for a 10% export incentive to reduce the damage and find new markets.

Textile exports from India to the US are worth $10–12 billion yearly
Gujarat makes over 15% of this trade
Surat alone could lose ₹10,000–₹12,000 crore
Without help, many factories may close and jobs could be lost

👉 Why this matters: Thousands of workers depend on this industry for their livelihood.
🔗 Source: India Today

🔍 Curated by Articoli News
🖋️ Written and summarized by our editorial team using AI assistance and human review.
📚 Sources: Market insights on the internet and other verified media platforms.
✅ We credit all sources and focus on accurate, simplified, and growth-driven news only.
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👤 Edited & Approved by Debraj Paul, Founder of Articoli News.

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References:

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