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India’s Footwear, Textile Exports Vulnerable To Global Slowdown: Report

A slowdown in 2023 in advanced economies, especially the US and the eurozone, is expected to make India’s footwear and leather products export trade vulnerable, said Crisil Ratings. “Domestic labour-intensive sectors such as textiles, footwear, and leather depend significantly on these two regions, making them particularly vulnerable to a slowdown in these economies,” it said […]

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