Policies

India-US Interim Trade Deal Edges Closer Despite Tariff Risks

Textile Insights June 11, 2026

India and the United States appear to be closing in on an interim trade agreement following four days of high-level negotiations in New Delhi, bringing the two countries a step closer to deepening economic ties and expanding bilateral trade. The proposed agreement is expected to serve as the

Policies

India’s FTAs Deliver Gains, But Risks Mount: GTRI

Textile Insights June 11, 2026

India’s expanding network of Free Trade Agreements (FTAs) is delivering broader market access but also creating new challenges, including widening trade deficits, limited utilisation by exporters and increasing pressure on domestic policy-making, according to a recent report by the Global Trade Research Initiative (GTRI). The report notes that FTAs have become a

Policies

Textile PLI Clears 96 Firms, Rs 12,823 Cr Investment

Textile Insights June 11, 2026

The Government of India has approved a total of 96 companies under the third round of the Production Linked Incentive (PLI) Scheme for Textiles, paving the way for investments worth more than Rs 12,822 crore in the country’s man-made fibre (MMF) and technical textiles sectors. The latest tranche includes 22 newly selected applicants, who are […]

Policies

India-Oman CEPA Opens New Export Opportunities For Indian Textiles

Textile Insights June 4, 2026

The India-Oman Comprehensive Economic Partnership Agreement (CEPA), which came into force on June 1, is expected to provide a significant boost to India’s textile and apparel exports by granting duty-free access to the Omani market and strengthening India’s trade connectivity with the Gulf region and East Africa. Signed in December 2025 and operationalized this

Policies

India, Eurasian Economic Union Accelerate Free Trade Agreement Talks

Textile Insights June 2, 2026

Negotiations for a Free Trade Agreement (FTA) between India and the Eurasian Economic Union (EAEU) have gained momentum, with Russian President Vladimir Putin confirming that discussions have accelerated as both sides seek to strengthen economic cooperation. The EAEU comprising Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan, has been expanding its global trade

Policies

Canada To Send Trade Mission To India As CEPA Talks Gather Pace

Textile Insights June 1, 2026

Canada will send a high-level trade mission to India later this year as both countries intensify efforts to deepen bilateral economic engagement and conclude negotiations for a long-pending trade agreement by the end of 2026. The announcement followed discussions between Union Commerce and Industry Minister Piyush Goyal and Canada’s Minister of International Trade Maninder

Policies

Gujarat Textile Sector Flags Election-Linked Production Losses

Textile Insights June 1, 2026

Gujarat’s textile and manufacturing sectors have flagged recurring production disruptions caused by repeated election cycles and migrant worker movement during polling periods, during consultations with the Joint Parliamentary Committee (JPC) reviewing the proposed One Nation, One Election framework. The concerns were raised as part of discussions on the Constitution

Policies

States Invited To Apply Under Rs 33,660 Cr BHAVYA Scheme

Textile Insights May 27, 2026

The Centre has invited states to submit applications under the newly launched BHAVYA (Bharat Audyogik Vikas Yojna) scheme, a major industrial infrastructure initiative with an outlay of Rs 33,660 crore aimed at developing 100 world-class industrial parks across the country. Announcing the rollout, Union Commerce and Industry Minister Piyush Goyal said several states have

Policies

Rajasthan Approves New Industrial Policy To Boost Talent-Driven Growth

Textile Insights May 27, 2026

The Rajasthan Cabinet has approved a new industrial development policy aimed at strengthening the State’s industrial ecosystem through a sharper focus on the talent economy, advanced manufacturing and private sector participation. The policy, approved during a Cabinet meeting chaired by Chief Minister Bhajan Lal Sharma, seeks to build world-class industrial infrastructure

Policies

EU Approves New Trade Agreements With Mexico To Expand Market Access

Textile Insights May 21, 2026

The Council of the European Union has approved two agreements aimed at strengthening political cooperation and expanding trade relations between the European Union and Mexico, marking a major upgrade of the bilateral partnership framework established in 2000. The Council adopted decisions authorising the signing of the Political, Economic and Cooperation Strategic