Will VP Radhakrishnan Resolve the US Tariff Dilemma for Tiruppur Exporters?
Synopsis
Key Takeaways
- Vice President Radhakrishnan is confident in resolving US tariff issues for Tiruppur exporters.
- The government is in constant dialogue with US officials.
- Tiruppur is a key player in India's textile export market.
- The Vice President encourages resilience among entrepreneurs.
- India's economic growth is gaining global attention.
Chennai, Oct 29 (NationPress) Vice President C.P. Radhakrishnan has voiced his optimism regarding the challenges that Tiruppur’s knitwear exporters are currently facing due to the recent hike in US import tariffs. He believes that these issues will soon be addressed through constructive dialogue and proactive government measures.
During a press interaction in the textile hub, Radhakrishnan indicated that the Union government is actively engaged with US authorities to secure a solution that safeguards the interests of Indian exporters.
“With persistent effort, we will overcome this obstacle. The complications arising from the increased US tariffs will undoubtedly be resolved satisfactorily. Discussions are ongoing with senior officials and President Donald Trump,” he stated.
The Vice President reassured stakeholders that the government is cognizant of the textile sector's apprehensions and is dedicated to achieving a just and beneficial outcome.
“Tiruppur is a jewel in India’s textile export crown, and its entrepreneurs have exhibited exceptional tenacity. I am optimistic that our exports to the United States will see significant growth in the coming years,” he remarked.
This visit marked Radhakrishnan’s inaugural trip to Coimbatore and Tiruppur since taking office. He expressed delight in revisiting the area, describing it as “a region of industriousness and discipline.”
“I owe my current position to the blessings of Avinashi Appan. I take pride in being among those who embody diligence and advancement,” he shared.
He encouraged the business sector to remain hopeful and to persist in their endeavors.
“We will encounter both challenging and prosperous times, yet unwavering effort will yield rewards. Our ultimate aim should be the upliftment of society and the prosperity of our nation,” he advised.
Radhakrishnan also highlighted the increasing global interest in India’s leadership and economic strides.
“The global community is closely monitoring the actions and statements of our Prime Minister Narendra Modi. Under his guidance, India is rapidly advancing, with Tiruppur’s accomplishments symbolizing the nation’s industrious spirit,” the Vice President concluded.