US tariffs: Shoemakers take measured steps
India's non-leather footwear industry in Tamil Nadu, a hub for global brands, faces a potential crisis due to a looming 50% US tariff. Brands like Nike and Crocs may pause new export orders, fearing eroded competitiveness compared to Vietnam and Indonesia. Apparel exporters are also pressured to shift US production elsewhere.
India's non-leather footwear industry in Tamil Nadu, a hub for global brands, faces a potential crisis due to a looming 50% US tariff. Brands like Nike and Crocs may pause new export orders, fearing eroded competitiveness compared to Vietnam and Indonesia. Apparel exporters are also pressured to shift US production elsewhere. What's Your Reaction?
