apparel industry

GST rationalisation: Organised apparel retailers to see 200 bps growth lift

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India’s organized apparel retail sector is projected to see revenue growth of 13-14% this fiscal, boosted by a rationalized 5% GST on apparel up to ...

US tariffs: ICRA revises India’s apparel export outlook to Negative

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ICRA has revised the outlook for the Indian apparel export sector to Negative due to increased US tariff rates, anticipating a 6-9% drop in export ...

Textile exports: Shipments up 5.37% in July despite global headwinds; cumulative April-July exports rise to $12.18 bn

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India’s textile and apparel sector experienced growth in July 2025, with exports increasing by 5.37% to $3.10 billion. The industry’s resilience amid global uncertainties has ...

Trade worry: Sri Lankan exporters flag 30% proposed US tariff; Apparel, rubber sectors may take hit

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Sri Lankan exporters are concerned about a potential 30 percent tariff on goods entering the United States. The Exporters Association of Sri Lanka urges the ...