The most affected areas are: apparel, carpets and gems and jewellery, other than software, of course. The US accounts for almost 35 per cent of apparel exports. Garment exporters fear losses of over Rs 2,000 crore if the crisis continues. Gems and jewellery traders have already reduced their export targets by 40 per cent for September and October. Carpet exporters are no more hopeful—their total exports are worth of $550 million, out of which about $220 million go to the US. The industry was hopeful of exports worth more than $100 million in September-October, but now only about $50 million worth of goods will be shipped out.