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  1. Impact of Global Economic Slowdown on India’s Textile & Apparel Exports

| Impact of Global Economic Slowdown on India’s Textile & Apparel Exports

The impact of the global economic slowdown and declining global trade will reverberate across various sectors in 2023, and India’s textile and apparel industry is no exception. As a country that heavily relies on the US and the EU for its exports, India’s labour-intensive categories such as textiles, footwear, and leather goods are likely to feel the pinch.
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