Gujarat exporters face margin squeeze as strong rupee and weak dollar erode global competitiveness

Gujarat’s export-oriented industries, vital to India’s foreign trade, are facing challenges due to the weakening US dollar against the rupee. This currency fluctuation, coupled with potential US tariff hikes and reduced global demand, is eroding price competitiveness. Exporters in sectors like textiles, chemicals, and ceramics are experiencing margin pressures, potentially compromising Gujarat’s export edge.

Posted on