Will face short-term US tariff impact, says Kitex MD Sabu M Jacob

We are in wait-and-watch mode. There is uncertainty in the market, as all buyers are holding the orders. They are confused about which country they should place the orders in

The impact of 50 per cent US tariff will be short-term as Indian market is huge and the country will be able to overcome the crisis not just in textiles, but in all sectors if it expedites the UK and EU deals, feels Sabu M Jacob, managing director of Kitex Garments, the world’s second-largest manufacturer of infant clothing. He spoke to Shine Jacob about the industry and its available options. Edited excerpts:

 

What will be the impact of the tariff imposed by the Trump administration on India’s textile and apparel industry?

 

We are in wait-and-watch mode. There is uncertainty in