Indian garment exporters are redrawing what it means to be an “Indian supplier”. As US exposure weakens and trade rules, freight routes and demand diverge by market, several large manufacturers are building production networks across Asia, Africa and the Americas. TexPro data shows why: India’s US share of apparel exports dropped almost five percentage points in H* ****.
The five-point warning
According to TexPro, India exported about $*.** billion of apparel in January-June ****, down **.* per cent year on year (YoY). Shipments to the US fell **.* per cent, from roughly $*.** billion to $*.** billion, cutting the US share of India’s apparel exports from **.** per cent to **.** per cent.
