US tariff shock drags Tiruppur knitwear exports down 5% in FY26
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Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
Exports from the country’s largest knitwear hub fell 4.92% to ₹42,544 crore in FY26, down from ₹44,747 crore the previous year, according to the Tiruppur Exporters Association
Key Facts
TypePolicy
SourceBusinessLine - Economy
PublishedMonday, 8 June 2026
Affected Population1.4 billion consumers, 300 million without reliable power
Key Numbers
500 GW non-fossil fuel capacity target by 2030
Saubhagya: 100% household electrification
175 GW renewable energy installed (2025)
Merchandise exports: $437 billion (2024-25)
Key Authorities
Ministry of PowerMinistry of New & Renewable EnergyCEAMinistry of Commerce & IndustryDPIIT
Key Stakeholders
Power ConsumersDISCOMsCoal IndustryExportersImportersMSMEs
Canada-US Trade Minister Dominic LeBlanc said he isn’t surprised the Trump administration decided not to renew the North American trade deal by July 1, and expects a series of deals to resolve disputes over the pact.