Punjab’s industrial hub – known for engineering tools, textiles, and basmati rice exports – braces for the U.S. tariff fallout. While the ripple effects are not immediate, early signs such as reduced working hours and cost-cutting in factories point to an imminent impact on production and livelihoods across industrial sectors. Vikas Vasudeva finds that business owners are currently holding off on layoffs despite an order slump
Punjab’s industrial hub – known for engineering tools, textiles, and basmati rice exports – braces for the U.S. tariff fallout. While the ripple effects are not immediate, early signs such as reduced working hours and cost-cutting in factories point to an imminent impact on production and livelihoods across industrial sectors. Vikas Vasudeva finds that business owners are currently holding off on layoffs despite an order slump