Tiruppur exporters forced to offer discounts on US knitwear shipments to avoid losses
The knitwear capital of India is grappling with unsold goods worth ₹3000 cr amid rising US tariffs
Tiruppur (Tamil Nadu): Facing the impact of a steep 50% tariff hike on apparel exports to the United States, Tiruppur's knitwear exporters have begun offering discounts to move stock and avoid mounting losses. Several manufacturing units that depend entirely on the US market have reportedly stopped production.
According to KM Subramanian, president of the Tiruppur Exporters’ Association (TEA), the absence of any positive developments has left exporters with no choice but to ship completed knitwear orders to the US at discounted prices.
“Currently, our exporters are offering discounts of 2% to 5% to US buyers and shipping orders. In addition, orders from the US are likely to be affected as US buyers are not ready to face higher import tariffs on new orders. We will meet the central government officials in this regard in a few days,” The New Indian Express quoted Subramanian as saying.
N. Thirukumaran, general secretary of TEA, said that US buyers have asked exporters to hold previously placed orders, citing the tariff hike. This has resulted in Rs 3,000 crore to Rs 4,000 crore worth of knitwear stagnating in Tiruppur, much of it custom-made for US brands and unsellable in other markets.
Thirukumaran also noted that around 30% of companies in Tiruppur export 80–100% of their output to the US, making them particularly vulnerable to the disruption.
“Currently, exporters are trying to cope, but the situation should not last. The central government should take appropriate steps, and concessional schemes should be announced for exporters. In particular, a two-year moratorium for exporters on repayment of principal amounts of bank loans must be granted, apart from a special emergency credit facility for exporters,” he added.
Local exporter P. Shanmuga Sundaram shared that he has Rs 15 lakh worth of knitwear ready for shipment, but his US-based buyer has asked him to keep the consignment on hold due to tariff uncertainty.
In the last financial year, Tiruppur exported knitwear worth Rs 44,747 crore, with the US accounting for around 35% of the total shipments.
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6 women dead, 8 persons injured as bus rams into van in Gujarat's Sabarkantha
Sabarkantha (Gujarat) (PTI): Six women were killed and eight other persons injured after a private bus crashed into a van on a highway in Gujarat's Sabarkantha district on Wednesday, police said.
The van was ferrying women from Modasa in Aravalli district when a speeding bus hit it from behind on National Highway 48 connecting Shamlaji to Himmatnagar in the district, Deputy Superintendent of Police A K Patel said.
According to police, the women were part of a catering team for social events. They were travelling from Modasa in the neighbouring Aravalli district to Hunj village in Himmatnagar to attend a function when they met with the accident.
Six women passengers of the van were killed, Patel said.
Seven other women and the van driver suffered injuries, according to police.
The injured persons were rushed to the Himmatnagar civil hospital. The condition of two of them was critical, the hospital's medical officer, Dr Dhrupad Chauhan, said.
The bodies were sent to a government hospital for a postmortem.
VIDEO | Gujarat: Six persons were killed and four others injured after a private bus rammed into a van on a highway in Sabarkantha district on Wednesday, police said.
— Press Trust of India (@PTI_News) April 29, 2026
The van carrying passengers was on its way from Shamlaji to Himmatnagar when the speeding bus hit it from… pic.twitter.com/Gvr79LfCvi
