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Indian leather industry crisis

US tariffs force factory closures in Tamil Nadu

The Indian leather hub of Ambur and Ranipet in Tamil Nadu has been crippled by the imposed 50% tariff on Indian leather goods by the U.S. Once a booming sector that employed millions, 50 of roughly 300 factories are shuttered up, workers have been laid off and families have been pushed into debt, local reports suggest. Read More...

India braces for U.S. tariffs but EU concerns linger

While expressing confidence in its ability to navigate the challenge of the U.S. tariff storm, Kolkata’s leather industry has also communicated concern about the European Union (EU) being pressurised by the U.S. to raise tariffs in response its continued import of Russian oil. Read More...