Tiruppur, Sept. 3 -- As the US's 50 per cent tariff on India is severely affecting the export prospects of the thread and knitting industry based in Tamil Nadu's Tiruppur, the labour-intensive industry is seeking support from the Central and the state governments to weather the crisis.

"Tiruppur's exports are worth Rs 45,000 crores globally, with Rs 15,000 crores of that going to the US. We hold a 68% share of India's knitted ready-made garment exports. We are now severely impacted by the tariffs, "Tirukumaran, General Secretary of Tiruppur Exporters Association, told ANI.

He said that since the US's 50 per cent tariff came into effect, many orders from US buyers are on hold, and some are asking for discounts, as the high tariff is not ...