Indian Shrimp Export Industry May See 10-12% Revenue Dip In FY26: Ind-Ra
The expected dip is attributed to a sharp decline in the US market demand if the reciprocal tariff continues
The expected dip is attributed to a sharp decline in the US market demand if the reciprocal tariff continues
The Ministry of Textiles convened a wide-ranging consultative meeting with micro, small and medium enterprise (MSME) textile exporters from across the textile and apparel value chain
Lower exports and pressure on pricing to contract industry operating margins by 200 to 300 basis points (bps) in fiscal year 2026, says Icra
The report says that higher discounts and front-loading of exports led to higher costs (transport and packaging), which also affected margins
The organisation urges the government to intensify trade dialogues with Europe, Africa, and the Asia-Pacific countries
The industry body urges the Centre to take concrete measures in the form of fiscal support and policy decisions related to raw material availability
Ind-Ra highlights that exports of components outside section 232 to the replacement market could face a higher impact
Even as the short-term prospects look grim, the situation reinforces the urgency of diversifying markets, driving innovation, and bolstering policy support
Deepinder Goyal has urged India to embrace its potential and become an unapologetic superpower
Citi says that the tariff hike is a huge setback for India’s textile and apparel exporters, as it has further complicated the challenging situation