Tariff Windfall Tests Limits of India’s Apparel Factories
In a garment hub in south India, R.K. Sivasubramaniam is fielding requests from Walmart and Costco who want to sidestep higher US tariffs faced by rival Asian suppliers, Bangladesh and China. But rows of idle sewing lines at his factory lay bare his biggest challenge. “Even if orders come, we
OTAs lead in superapp innovation as India’s travel market reaches new heights
The Indian travel market is thriving, with both domestic and international travel reaching historic highs. According to Phocuswright’s latest report in the Asia-Pacific travel market, India’s OTAs: Superapps in the Making?, this remarkable growth in tourism is propelled by favorable demographics, rising employment and increasing disposable incomes among the young middle
Is India’s travel sector on the verge of a boom?
India’s travel sector is growing alongside its rapidly expanding economy. The travel sector accounted for upwards of $221 billion of India’s gross domestic product in 2023, marking a near 10% jump from 2019, according to the World Travel and Tourism Council. The WTTC said it anticipates that contribution to grow to
