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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

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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.

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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 […]

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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

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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

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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 […]

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Indonesia’s Textile Exports Seen Growing 3.55% In 2025: Santoso

Textile Insights April 20, 2026

Indonesia is leveraging its integrated textile ecosystem to strengthen both domestic supply and export competitiveness, with shipments projected to grow 3.55% year-on-year to US$12.08 billion in 2025, stated Trade Minister Budi Santoso. Speaking on the sidelines of Indo Intertex 2026 at the Jakarta International Expo, the minister highlighted that Indonesia’s textile and

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Vietnam Textile Exports Hit US$ 10.54 Billion In Q1, Up 2.3%

Textile Insights April 16, 2026

Vietnam’s textile and garment exports rose to US$ 10.54 billion in Q1, marking a 2.3% year-on-year growth, according to the Vietnam News Agency. Garments dominated the export basket with $8.84 billion, while fiber emerged as a strong performer, contributing $1.7 billion. Cao Huu Hieu, General Director of Vietnam National Textile and Garment Group, attributed the […]

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India’s Apparel Exports To US Decline Sharply In February

Textile Insights April 16, 2026

India’s textile and apparel exports to the United States recorded a sharp decline in February, reflecting weak demand and intensifying competition from regional peers. Shipments from India fell 28.7% year-on-year, significantly underperforming compared to Bangladesh, which saw a 16.4% drop, while Vietnam posted a 5% growth, according to data from the Office of Textiles and

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Hormuz Blockade Threat Looms Over India’s Exports

Textile Insights April 15, 2026

A potential US naval blockade of the Strait of Hormuz, announced by President Donald Trump after the collapse of peace negotiations with Iran, is raising serious concerns for Indian exporters already grappling with multiple global headwinds. The move could introduce an additional layer of uncertainty for global trade, particularly for India, where exporters are facing […]