Policies

India–New Zealand FTA Boosts Textile Exports

Textile Insights April 27, 2026

India and New Zealand have signed a revolutionary FTA, marking a significant step in deepening bilateral economic ties and unlocking new opportunities across goods, services, investment and talent mobility. The agreement was signed today at Bharat Mandapam by Piyush Goyal and Todd McClay.

Policies

India–GCC FTA Talks Open New Opportunities For Textile Trade

Textile Insights April 24, 2026

India and the Gulf Cooperation Council (GCC) have formally launched negotiations for a comprehensive Free Trade Agreement (FTA), a move expected to significantly enhance prospects for India’s textile and apparel sector. The negotiations were initiated following the signing of a joint statement in New Delhi by Union Commerce and Industry Minister Piyush Goyal and GCC […]

Policies

India–NZ Trade Deal Moves Forward After Labour Support

Textile Insights April 24, 2026

New Zealand has moved a step closer to finalising its Free Trade Agreement (FTA) with India after the Labour Party agreed to support the deal, despite raising key concerns. Labour’s backing was crucial, as opposition from New Zealand First meant the ruling coalition required additional votes to pass the necessary legislation. With this support, the […]

Policies

Govt Revamps DGFT Norms Committees To Fast-Track Export Approvals

Textile Insights April 21, 2026

The Ministry of Commerce and Industry has rolled out key reforms to streamline the functioning of Norms Committees under the Directorate General of Foreign Trade, aiming to accelerate approvals under export-linked schemes and ease processes for exporters. The move focuses on faster clearance of applications under the Advance Authorisation (AA) and Duty-Free Import

Policies

India–New Zealand FTA Set For Signing; Textile Trade Gains In Focus

Textile Insights April 21, 2026

New Zealand and India are set to formally sign their long-awaited Free Trade Agreement (FTA) on April 27 in New Delhi, marking a significant step forward in bilateral trade ties, with notable implications for the textile and apparel sectors. Confirming the development, Trade and Investment Minister Todd McClay said the agreement has completed legal verification […]

Policies

India, Norway Move To Ease Trade Barriers Under TEPA

Textile Insights April 20, 2026

India and Norway have agreed to address key trade and investment bottlenecks to fully leverage the Trade and Economic Partnership Agreement (TEPA), which came into force on October 1, 2025. The issues were discussed during the third India–Norway Dialogue on Trade and Investment held on April 16, where both sides identified challenges including sanitary and […]

Policies

India Signs MoUs With Porter, Gigin Technologies To Boost Jobs Via NCS

Textile Insights April 16, 2026

The Ministry of Labour and Employment has signed Memoranda of Understanding (MoUs) with Porter and Gigin Technologies to expand employment opportunities and strengthen digital job matching through the National Career Service Portal. The agreements were signed in the presence of Union Minister Mansukh Mandaviya and Labour Secretary Vandana Gurnani, as part of efforts to

Policies

ASEAN+3 Told To Rebuild Fiscal Buffers

Textile Insights April 16, 2026

ASEAN+3 Macroeconomic Research Office has released its ASEAN+3 Fiscal Policy Report 2026, warning that governments in the region must strengthen fiscal management as they navigate rising global risks and structural economic challenges. The report highlights that fiscal positions across ASEAN+3 economies have weakened, limiting policy space at a time when governments face

Policies

India–Oman CEPA Talks Gain Momentum

Textile Insights April 15, 2026

Commerce and Industry Minister Piyush Goyal held talks with his Omani counterpart Anwar bin Hilal bin Hamdoun Al Jabri to advance bilateral trade and investment ties. The discussion focused on unlocking opportunities under the proposed India–Oman Comprehensive Economic Partnership Agreement (CEPA) to strengthen economic cooperation and drive mutual growth. In a social

Policies

PLI Round 3 Clears 52 Textile Projects Worth Rs 6708 Crore

Textile Insights April 15, 2026

The government has cleared 52 fresh proposals under the third round of the Production-Linked Incentive (PLI) Scheme for Textiles, with a projected investment of Rs 6,708 crore, reinforcing its push to strengthen high-value manufacturing in the sector. According to the Ministry of Textiles, the approved applications span key segments, including five in man-made fibre (MMF)