India may give a $1 billion relief to footwear industry to cushion against 50% Trump tariffs: Report

  • Posted on January 20, 2026
  • By Business News Today
  • 2 Views
India may give a $1 billion relief to footwear industry to cushion against 50% Trump tariffs: Report

India is preparing a significant financial package to bolster its footwear industry. This initiative aims to strengthen the entire production chain, from raw materials to finished goods. The move comes as the sector faces challenges from US tariffs and seeks to enhance domestic production and exports.
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