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India Considers $1 Billion Relief for Footwear Industry Amid Trump Tariffs

DATA AND AI INFRASTRUCTURE

India is considering a $1 billion relief package for its footwear industry in response to the 50% tariffs imposed by the Trump administration, which have contributed to a 30% decline in cotton fabric exports. The article also highlights recent developments, including ElevenLabs appointing Karthik Rajaram as General Manager for India and the Lodha Group's agreement for a ₹1 lakh crore investment in data centers.

India Considers $1 Billion Relief for Footwear Industry Amid Trump Tariffs
Jan 21, 2026, 6:03 AM

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