Export

Vietnam Textile Sector Faces Order Slowdown Despite Export Growth

Textile Insights June 1, 2026

Vietnam’s textile and garment industry is facing mounting challenges despite posting export growth in the first four months of 2026, with second-quarter orders projected to decline by 20–25 per cent, raising concerns over a potential slowdown in the months ahead. According to the Vietnam

Export

India Targets US$ 100 Billion Textile Exports By 2030, Pushes For Global Leadership

Textile Insights May 27, 2026

India has set an ambitious target of achieving US$ 100 billion in textile exports and USD 250 billion in textile production by 2030, with Union Finance Minister Nirmala Sitharaman calling for stronger integration across the textile value chain to position the country as a global textile powerhouse. Addressing the TEXPROCIL Export Awards 2023–24 in Mumbai, […]

Export

India Becomes Sri Lanka’s Second-Largest Export Market

Textile Insights May 27, 2026

India has overtaken the United Kingdom to become Sri Lanka’s second-largest export destination during the January-April 2026 period, according to data released by the Sri Lanka Export Development Board. Exports to India rose 8.9 percent to US$ 364.15 million during the four-month period, strengthening bilateral trade ties. However, shipments to India recorded a marginal

Export

Apparel Exports Drag India’s Textile Shipments Lower In April

Textile Insights May 21, 2026

India’s textile and apparel exports declined in April 2026 as a sharp fall in apparel shipments offset moderate growth in textile exports, reflecting continued pressure from weak global demand and geopolitical uncertainties. According to trade data analysed by the Confederation of Indian Textile Industry, overall textile and apparel exports fell to US$ 2.881 billion in

Export

Govt Preparing FTA Utilisation Strategy To Boost Exports

Textile Insights May 11, 2026

India is preparing a comprehensive FTA utilisation strategy to help businesses maximise benefits from recently signed free trade agreements with major developed economies, according to government officials. Since 2021, India has concluded trade agreements with countries and blocs including Australia, United Arab Emirates, United Kingdom, European Free Trade Association,

Export

India Textile Exports Rise 2.1% In FY26

Textile Insights May 6, 2026

India’s textile exports, including handicrafts, registered a modest growth of 2.1 per cent in FY 2025–26, reaching Rs 3,16,334.9 crore, up from Rs 3,09,859.3 crore in the previous financial year, according to data released by the Ministry of Textiles. The performance reflects steady global demand and the sector’s continued competitiveness across key product segments.

Export

CBIC Clarifies Duty Drawback On SEZ-To-DTA Re-Exports

Textile Insights April 30, 2026

The government has clarified that goods supplied from Special Economic Zone (SEZ) units to the Domestic Tariff Area (DTA) on payment of applicable duties and subsequently re-exported, will be treated as imported goods for the purpose of duty drawback. In an instruction to customs authorities, the Central Board of Indirect Taxes and Customs (CBIC) noted […]

Export

Textile Exporters Eye India–U.S. Talks To Unlock Tariff Refunds

Textile Insights April 24, 2026

Indian exporters are pinning their hopes on diplomacy rather than litigation to recover funds tied up in U.S. tariff disputes, as prolonged legal processes continue to offer limited clarity and slow outcomes. Businesses across sectors such as steel, aluminium, engineering goods and select manufactured products remain affected by the additional duties imposed by the United

Export

India’s Textile Exports Grow 2.1% To Rs 3.16 Lakh Crore In FY26

Textile Insights April 24, 2026

India’s textile exports, including handicrafts, recorded a growth of 2.1 percent in FY 2025-26, reaching Rs 3,16,334.9 crore compared to Rs 3,09,859.3 crore in the previous financial year, according to data released by the Ministry of Textiles on Wednesday. The steady performance highlights sustained global demand for Indian textile products and the continued

Export

India-Linked Tariff Refunds From US Seen At US$ 10–12 Billion: GTRI

Textile Insights April 22, 2026

India-linked tariff refunds on exports to the United States are estimated at US$ 10–12 billion, following the opening of a US$ 166 billion claims window by US authorities for duties imposed during the administration of Donald Trump that were later struck down by courts, according to the Global Trade Research Initiative. The refund process, which […]