{"id":3744,"date":"2025-08-09T06:03:28","date_gmt":"2025-08-09T06:03:28","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/08\/09\/indias-textile-exports-under-pressure-as-firms-move-production-to-vietnam-indonesia-africa-economy-news\/"},"modified":"2025-08-09T06:03:28","modified_gmt":"2025-08-09T06:03:28","slug":"indias-textile-exports-under-pressure-as-firms-move-production-to-vietnam-indonesia-africa-economy-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/08\/09\/indias-textile-exports-under-pressure-as-firms-move-production-to-vietnam-indonesia-africa-economy-news\/","title":{"rendered":"India\u2019s Textile Exports Under Pressure As Firms Move Production To Vietnam, Indonesia, Africa | Economy News"},"content":{"rendered":"


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Indian textile exporters are shifting US-bound production to hubs such as Vietnam, Indonesia, Bangladesh, others to offset impact of tariffs<\/h2>\n
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While uncertainty clouds India\u2019s Rs 87,000-crore annual textile exports to the US, some exporters with overseas manufacturing bases are planning to shift production for American buyers out of India, according to a report by The Economic Times.<\/p>\n

Pearl Global Industries said it would reassign US-bound production to more favourable hubs. \u201cWe are seeing positive momentum from US customers for our Vietnam, Indonesia, Bangladesh, and Guatemala operations,” managing director Pallab Banerjee said during the company\u2019s quarterly earnings call.<\/p>\n

Another top-10 garment and textile exporter told ET that it plans to move its US orders to Africa. \u201cWe have a facility in Africa, where we will try to shift our US orders,” he said.<\/p>\n

Banerjee said the company was benefiting from an early resolution of tariff structures in several Asian markets. \u201cNow that the US has declared final reciprocal tariffs on all major garment manufacturing countries at 19-20%, we are seeing positive momentum from US customers for our Vietnam, Indonesia, Bangladesh, and Guatemala facilities,” he said.<\/p>\n

Pearl Global, which manufactures in India, Bangladesh, Vietnam, Indonesia, and Guatemala, supplies to global brands including Chicos, Kohl\u2019s, Old Navy, Poligono, Primark, PVH, Ralph Lauren, Stylem, and Target.<\/p>\n

With a 50% tariff now imposed on India, Banerjee said the company is recalibrating its business strategy to adapt to changing trade dynamics. \u201cWhile production for the US market will be reassigned to more favourable hubs, India will continue to grow by tapping new and advantageous partnerships, such as the UK FTA, and focusing on other existing FTA markets like Japan and Australia until the US tariff issue is resolved,” he said in a call.<\/p>\n

US revenue from India operations accounts for 16-18% of Pearl Global\u2019s FY25 group revenue, while the US business contributes 4-5% to overall group profit. \u201cWe believe such recalibrations should help retain customer wallet share and maintain profitability,” Banerjee said, adding that the company will go ahead with its planned capex in Bangladesh.<\/p>\n

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Aparna Deb<\/a><\/p>\n

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

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News<\/a> business<\/a> \u00bb economy<\/a> India\u2019s Textile Exports Under Pressure As Firms Move Production To Vietnam, Indonesia, Africa<\/span><\/div>\n
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Last Updated:August 09, 2025, 08:34 IST Indian textile exporters are shifting US-bound production to hubs such as Vietnam, Indonesia, Bangladesh, others to offset impact of tariffs Textile Industry While uncertainty clouds India\u2019s Rs 87,000-crore annual textile exports to the US, some exporters with overseas manufacturing bases are planning to shift production for American buyers out…<\/p>\n","protected":false},"author":1,"featured_media":844,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-3744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/3744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=3744"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/3744\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/844"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=3744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=3744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=3744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}