Tariff shock: Indian exports to US crash 28.5%; GTRI warns labour-heavy sectors hurt most
Indian exports to the US plummeted by 28.5% between May and October 2025 due to aggressive US tariff hikes, hitting labour-intensive sectors hardest. Shipments dropped significantly as duties surged, making Indian goods heavily taxed compared to competitors. Delays in operationalizing export promotion schemes are further hindering recovery efforts.
Indian exports to the US plummeted by 28.5% between May and October 2025 due to aggressive US tariff hikes, hitting labour-intensive sectors hardest. Shipments dropped significantly as duties surged, making Indian goods heavily taxed compared to competitors. Delays in operationalizing export promotion schemes are further hindering recovery efforts. What's Your Reaction?
