Blogs

The United States plays a pivotal role in the global textile and apparel market, both as a major importer and exporter. In 2024, the U.S. imported textiles and apparel valued at approximately $107 billion, marking a 2.6% increase from the previous year. However, during the first half of 2024, imports experienced a 3.58?cline, totaling $49.3 billion, influenced by inflationary pressures and supply chain challenges. The U.S. market is one of the most critical destinations for Indian...

The Indian textile industry, known for its diversity and scale, regularly deals with goods returns—a routine yet critical aspect of its supply chain operations. Whether it involves fashion retailers managing seasonal inventory or manufacturers addressing product defects, the return of goods is integral to textile trade dynamics. However, under India's Goods and Services Tax (GST) regime, such returns introduce a layer of complexity that often leads to compliance pitfalls.

Why...