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India’s $48 bn exports at risk amid 50% US tariffs: FIEO

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India’s  bn exports at risk amid 50% US tariffs: FIEO



The Federation of Indian Export Organisations (FIEO) has voiced deep concern over the United States’ decision to impose an additional 25 per cent tariff on Indian-origin goods beginning today. The move has pushed total duties on several export categories to nearly 50 per cent, threatening India’s access to its largest export market.

FIEO president S C Ralhan described the development as a severe setback, warning that around 55 per cent of India’s US-bound shipments, worth approximately $47–48 billion, now face pricing disadvantages of 30–35 per cent. This, he said, makes Indian products uncompetitive compared to those from China, Vietnam, Cambodia, the Philippines, and other Asian producers.

FIEO has warned that the US’ additional 25 per cent tariff on Indian goods, raising duties to nearly 50 per cent, threatens $47–48 billion in exports, hitting textiles, leather, and other labour-intensive sectors.
President S C Ralhan urged urgent government support, credit relief, expanded PLI schemes, FTAs, and stronger diplomacy with Washington to sustain competitiveness.

The textile and apparel hubs of Tiruppur, Noida, and Surat have already reported production halts due to eroding cost competitiveness. Other labour-intensive sectors including leather, ceramics, chemicals, handicrafts, and carpets are also expected to face order cancellations and reduced global competitiveness, FIEO said in a press release.

In response, the president urged immediate government intervention. Suggested measures include interest subvention schemes, enhanced export credit support, low-cost lending for micro, small and medium enterprises (MSMEs), and a one-year moratorium on loan repayments. He also called for automatic credit limit enhancements of 30 per cent, collateral-free lending on emergency credit line guarantee scheme (ECLGS) lines and expanded production-linked incentive (PLI) schemes.

FIEO further emphasised the need for aggressive market diversification through fast-tracked free trade agreements (FTAs) with the EU, GCC, Africa, and Latin American nations, alongside investments in cold-chain and storage infrastructure. While diversification is key, the president underlined that urgent diplomatic engagement with Washington remains critical.

Promoting ‘Brand India’ through global branding, innovation, and quality certifications was also highlighted as a long-term strategy. FIEO has appealed for swift, coordinated action between exporters, industry bodies, and the government to safeguard livelihoods and maintain India’s export momentum in the face of escalating trade headwinds.

Fibre2Fashion News Desk (SG)



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Switzerland’s apparel imports grow double-digit in Jan–Feb 2026

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Switzerland’s apparel imports grow double-digit in Jan–Feb 2026




Switzerland’s apparel imports rose 11.7 per cent year on year (YoY) to $1.523 billion in January–February 2026, signalling steady demand.
Growth builds on 2025 momentum, led by knitwear and comfort-led segments.
China, Bangladesh and Italy remain key suppliers.
Strong purchasing power and stable retail trends continue to support consistent sourcing activity.



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Raymond unveils luxury Chairman’s Collection Store in Mumbai

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Raymond unveils luxury Chairman’s Collection Store in Mumbai



India has a scintillating new luxury destination that has marked its arrival with much élan. The weekend of 10th April witnessed the grand unveiling of the Chairman’s Collection Store in the heart of Bandra, with the opening of a stunning two-level flagship store that embodies a bold, luxurious experience. Spanning over 11,000 square feet, the space marks a meaningful evolution for the brand, bringing together finest menswear fashion, evolved design, and exceptional craftsmanship for the truly discerning seekers of luxury.

Chairman’s Collection reflects Raymond’s seamless transition from a heritage textile pioneer to a modern luxury menswear destination, now stepping into a more rarefied, couture-led space. One of the most ambitious expressions of luxury menswear retail, this new retail store is a sartorial experience for globally aware Indian consumers. Drawing from Renaissance and Baroque influences, layered with a contemporary European sensibility, the space is rooted in Indian craftsmanship while reflecting a distinctly global identity of the new-age India.

Raymond has unveiled its Chairman’s collection flagship in Bandra, marking its evolution into luxury menswear.
The 11,000 sq ft, two-level space offers couture fashion, fine jewellery, fragrances, and bespoke services.
Blending Indian craftsmanship with global design, it delivers an immersive, appointment-led experience with curated art, collectibles, and personalised styling.

THE COLLECTION: THREE DISTINCT WORLDS

Modern Opulence – Casual Couture

Elevated casualwear, reimagined through the grandeur of Renaissance motifs and the ornate richness of Baroque detailing on printed silk shirts, embroidered denim, and statement separates, offers a refreshing take on couture sensibility in the art of dressing.

Power Dressing – Contemporary Heirlooms

Power Dressing, elevated to an art form. Each suit is crafted in exquisite fabrics from across the world, offering impeccable fit and finished with the artisanal depth that is uniquely and  unmistakably Indian.

Embellished jackets. Indo-Western silhouettes. Velvets, silks, and jewel tones that speak before you do. Every piece in the Chairman’s Collection reflects power dressing and is an act of self-expression, conceptualized for moments that demand presence, individuality, and the kind of authority that needs no introduction.

Art, Heritage & Experimentation – Indian Renaissance

A deeply artisanal expression combining Renaissance-inspired prints with traditional Indian techniques such as zardozi and hand embroidery, creating garments that transcend fashion to become collectible pieces.

BEYOND FASHION: A COMPLETE LUXURY EXPERIENCE

The Chairman’s Collection extends gracefully beyond apparel, embracing a far more holistic vision of modern luxury. Fine jewellery for men, lab-grown diamond pieces of exceptional provenance, and a curated edit of the world’s most coveted fragrance and watch brands – each chosen with the same discernment that defines every corner of this space.

A natural evolution of Raymond’s legacy, this launch marks a thoughtful foray into new luxury categories where style meets substance, and each coveted offering is a reflection of a life lived with intention. The store operates on an appointment-led model, ensuring a personalised experience from concept to execution. Be it bespoke tailoring or personalised styling, each element is designed to offer exclusivity.

A SPATIAL EXPERIENCE DESIGNED LIKE A JOURNEY

Spanning across two levels, the store unfolds through carefully designed environments:

  • A lounge-inspired setting with leather armchairs and bespoke trunks, evoking exclusivity
  • Gallery-style displays, where apparel and finest fabrics are presented as collectible pieces
  • A refined tailoring zone, celebrating Raymond’s legacy in craftsmanship
  • Curated display zones, where collectibles and design products add depth and narrative

Every detail of the space reflects a shift in luxury retail from transactional to experiential, immersive, and deeply personal.

WHERE FASHION MEETS ART & COLLECTIBLES

Woven seamlessly into the store are museum-worthy displays of rare collectibles, from Formula 1-inspired models to precision-crafted masterpieces that are a true reflection of the Chairman’s lifelong devotion to the art of the automobile, both vintage and contemporary. Impossible to overlook, the curated Art Deco-inspired pieces and handpicked artworks that grace the space have each been chosen with extraordinary intentionality, with every element in coherence with the store’s design language.

This layered, considered approach transforms the Chairman’s Collection into something far greater than a fashion destination, unraveling a world unto itself. Every corner, every curation, every carefully chosen object speaks to a man’s taste, his sensibility, and the life he has chosen to lead. The effect is singular and unmistakable – a space that does not merely dress a man, but defines him. Not just a philosophy of style, but a complete philosophy of living.

A NEW CHAPTER FOR RAYMOND

Speaking on the occasion, Satyaki Ghosh, CEO, Raymond Lifestyle Limited, said; “Chairman’s Collection  reflects the pride of creating international-quality luxury, made in India, for the modern Indian man. Raymond being the pioneers in menswear, this is a logical brand evolution towards launching a first of its kind couture experience in India. Consumer centricity is at the core of Raymond and this latest endeavour is an affirmative step in the same direction.”

With Chairman’s Collection, moves forward not as a heritage brand resting on its century-old legacy, but as India’s homegrown brand paying homage to luxury that understands the new Indian identity, which is making its formidable presence being felt in the world.

Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

Fibre2Fashion News Desk (RM)



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ASEAN+3 sees macroeconomic stabilisation amid structural adjustments

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ASEAN+3 sees macroeconomic stabilisation amid structural adjustments



Macroeconomic stabilisation in the ASEAN+3 nations has progressed while navigating the new energy shock triggered by the Middle East conflict, while structural adjustments continue, according to the latest ASEAN+3 Regional Economic Outlook.

ASEAN+3 comprises the members of the Association of Southeast Asian Nations (ASEAN), China, South Korea and Japan.

Macroeconomic stabilisation in the ASEAN+3 nations has progressed while navigating the new energy shock triggered by the Middle East conflict.
Structural adjustments continue, according to the latest ASEAN+3 Regional Economic Outlook.
While vulnerabilities remain, the pace and direction of policy adjustment have improved significantly in the region.

In Singapore and Malaysia, strong institutional credibility, financial stability and well-developed investment frameworks support relatively stable economic management.

In Vietnam and Cambodia, manufacturing and services continue to underpin economic activity despite external headwinds.

Adjustment is also visible in economies that have faced more acute macroeconomic pressures, where policy measures to stabilise exchange rates, recalibrate fiscal policy and strengthen debt management have contributed to a marked improvement in macroeconomic conditions compared with earlier periods of stress, the report released by the ASEAN+3 Macroeconomic Research Office (AMRO) said.

While vulnerabilities remain, the pace and direction of policy adjustment have improved significantly, it noted.

Taken together, these experiences suggest that economic management in the region has evolved around a pragmatic combination of policy approaches rather than a single doctrinal model, the report remarked.

Regional economies are placing greater emphasis on strengthening flexibility and resilience in trade, foreign direct investment and financial flows.

At the same time, many economies across the region are investing in digitalisation, advanced manufacturing and emerging technologies.

Rather than narrow sectoral targeting, industrial strategies often emphasise foundational capabilities—human capital development, digital infrastructure and technological capacity. These efforts support adaptation to shifting global conditions while maintaining long-term competitiveness, it added.

Fibre2Fashion News Desk (DS)



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