US tariffs slow India's garment industry growth to 3-5%, impacting exports to the US.

India's garment industry faces a sharp slowdown, with revenue growth expected to drop to 3-5% this fiscal year, nearly half of last year's levels, due to 50% US tariffs. The tariffs put India at a disadvantage compared to competitors like Bangladesh and Vietnam, potentially reducing exports to the US from 33% to 20-25%. Despite this, the domestic market is expected to grow 8-10% due to economic factors. The UK's Free Trade Agreement may provide some relief.