Can India Become the World’s Fashion Factory?

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Earlier this year, phones were ringing non-stop at Gokaldas Exports, one of India’s largest apparel manufacturers. When US president Donald Trump first unleashed his global tariff war, the calls were mostly from US fashion businesses looking to diversify their sourcing footprint, enquiring about a potential partnership with the Bengaluru-based firm. Then last week, Trump imposed a whopping 50 percent tariff on India, doubling the earlier 25 percent figure, undermining the competitiveness of Indian exports to the US compared with those from countries with lower rates.



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