Tariff Wars Reshape Textile Supply Chains Globally
As trade tensions between the U.S. and China continue, the global textile industry is undergoing a major transformation. Tariff wars have triggered a strategic shift among international brands, prompting them to rethink their sourcing models — and India is emerging as a strong contender in the new landscape.
For years, China has been the dominant force in global textile manufacturing. However, growing trade barriers and rising tariffs from the U.S. and EU are pushing brands to diversify supply chains. According to Pawan Gupta, Co-Founder of Fashinza, this disruption is fueling increased interest in India from major global buyers seeking competitive pricing and design-driven, agile production.
India, known for its rich textile legacy and extensive manufacturing ecosystem, is well-positioned to step up. But Gupta warns that to fully capitalize on this moment, the industry must scale quickly through inorganic growth — such as acquiring smaller, buyer-connected units — and build tech-enabled, unified supply chains.
Major textile hubs like Tiruppur, Panipat, and Surat are already seeing a surge in demand. As pressure mounts, companies are turning to platforms like Fashinza to modernize operations and shorten lead times through digitized sourcing and greater transparency.
India's edge lies in its end-to-end capabilities, from raw materials to finished garments, coupled with a vast skilled workforce. However, rising competition from countries like Vietnam, Bangladesh, and African nations means that India's success depends on bold action.
To lead the next chapter in global textile sourcing, Indian manufacturers must evolve into strategic supply chain architects—offering speed, flexibility, and resilience in a dynamic geopolitical climate. While tariffs triggered the shift, it is vision, execution, and collaboration that will define the future.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
32 minutes ago
- Economic Times
Indian bond yields, swap rates ease after dovish comments from RBI chief
Indian government bond yields decreased early Tuesday. Overnight index swap rates also saw a reduction. Reserve Bank of India governor's dovish comments influenced the market. These comments eased concerns about interest rates. Traders are watching oil prices. Lower inflation could lead to another rate cut this financial year. The central bank will closely monitor incoming data. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Indian government bond yields and overnight index swap rates both eased in early trading on Tuesday, as dovish commentary from the Reserve Bank of India governor in an interview eased concerns about the interest rate yield on the benchmark 10-year bond was at 6.2622% as of 9:45 a.m. IST, compared with its previous close of 6.2732%.The five-year 6.75% 2029 bond yield was at 5.9362% after ending at 5.9642%.Inflation below the central bank's current projections could open up policy space, India's central bank chief Sanjay Malhotra told Business Standard newspaper in an interview, adding that incoming data will be watched closely to strike "the right growth-inflation balance".The change in stance "does not imply an immediate reversal in the policy cycle", Malhotra said in the interview published on this month, the RBI cut its policy repo rate by a steeper-than-expected 50 basis points, but changed its stance to 'neutral' from 'accommodative', prompting analysts to forecast the end of the rate-cutting cycle."There is some buying support as the commentary has made the bulls active for now," a trader with a private bank oil prices rose marginally, but the benchmark Brent crude contract stayed below $75 per barrel in Asian hours on Tuesday. Oil prices have been rising amid concerns about supply disruptions due to the conflict in the Middle imports a bulk of its crude oil needs. Higher prices could affect the nation's inflation outlook . RATES Overnight index swap rates eased across the curve as the comments renewed hopes that consistently lower inflation readings could allow one more rate cut from the central bank in this financial one-year OIS rate and the two-year OIS rate were down 3 basis points each to 5.49% and 5.48%. The most liquid five-year was 4 bps lower at 5.69%.
India.com
32 minutes ago
- India.com
This Indian king had net worth over Rs 20350000000000, he measured diamonds in kilos and gold in tons, but ate in tin plate and smoked used cigarettes, he is…
There are many stories about the royal families of India about their grand palaces, huge wealth, and luxurious lifestyle. But the story of Mir Osman Ali Khan, the 7th Nizam of Hyderabad, is truly one of a kind. He was once the richest man in the world, with more money than most could imagine. But what made him famous was not just his wealth, it was his unbelievable stinginess. He measured diamonds in kilos and Gold in tons Osman Ali Khan had so much treasure that it was said diamonds were measured in kilograms and gold in tons. He had more than 50 Rolls-Royce cars in his collection. His total wealth was estimated to be 236 billion dollars, which today is more than Rs. 20,35,57,67,00,000 (over Rs. 20 lakh crore). One of his diamonds, the Jacob Diamond, weighed 185 carats and was used by the Nizam as a paperweight. That one diamond alone was worth over Rs. 1,350 crore. He had several palaces and often stayed at the grand Falaknuma Palace, located in the heart of Hyderabad. A palace with 220 rooms and a 101-seater dining table Falaknuma Palace was built in 1893 and had 220 rooms, spread across 32 acres. It was known for its beauty and once even featured on the cover of Time magazine. Inside was the world's longest dining table 80 feet long, where 101 guests could eat at once. More generous than governments, yet personally stingy Though very wealthy, the Nizam was also very generous in times of need. During the 1965 war with China, he donated five tons of gold to the Indian government. That's 5,000 kilograms of gold, a donation no one else had ever made. But when it came to spending on himself, he was extremely miserly. According to authors Dominique Lapierre and Larry Collins in their book Freedom at Midnight, the Nizam was known to pick up used cigarette stubs left by guests and smoke them. He wore the same cap for 35 years, didn't get his clothes ironed, and ate his meals in old tin plates, even though he had golden utensils that could feed 200 people at once. He preferred junk cars despite owning luxury vehicles Even though he owned dozens of luxury cars, including Rolls-Royces, he usually rode in an old, broken-down car. If he ever saw a beautiful car in his city, he would ask the owner to gift it to him, and most people didn't dare say no. Still, he preferred to ride in old vehicles instead of his luxury collection. Mir Osman Ali Khan's story is full of contrast, he had unmatched wealth, yet lived like a poor man. He gave generously to the country, but refused to spend on his own comforts.
India.com
an hour ago
- India.com
India's first car was not The Hindustan Ambassador, it was..., based on..., manufactured in...
India's first car was not The Hindustan Ambassador, it was..., based on..., manufactured in... Indian automobile industry has evolved over the years. While many foreign-make automobile brands want to make India as their market, Indian brands like Tata and Maruti are already established players. But do you know which is the first Indian car? No, it is not Ambassador. Hindustan Ambassador was the first car to be commercially manufactured in India, and was based on the Morris Oxford Series III. But it was not the first car in India. The first car was Aravind Model 3 whose manufacturing was done in Kochi, Kerala. The design of the car makes it stand out with extremely bold shoulder line. The front design seems to have been influenced by the American sedans of the 1960s with brass in plenty. The hood and boot are both massive. Interestingly, the Model 3's design had a good focus on aerodynamics for its time. The rear gets an integrated bumper. The tail lamps seem to have been replaced with different units. The interior had a classy look with speedometer's top panel with design inspiration from the Fords of 1950s. There is even a small glove box offered, along with handcrafted panels and trims. Back in its day, the Aravind Model 3 came with a record player with a 3 vinyl changer. The changer, however seems to be missing now. Under its hood, the original Aravind Model 3 had a heavily modified, Fiat-sourced 1100cc engine. It was reengineered with a different carburettor, air cleaner and some other components, for improved useability and performance. Aaravind Model 3 was the brainchild of Kunnath Ayyath Balakrishna Menon (also known as K.A.B. Menon), a self-taught mechanic and entrepreneur from Kerala. His vision was to create a vehicle that was stylish, comfortable and affordable to the masses. He, in fact, wished to price the Model 3 at Rs 5,000, had it made it to production. He knew that such a pricing would make it appeal to the middle class. The project however got stuck in red tape. Menon was denied the industrial license which was required to set up factories and start production.
