Policies

India–EU FTA To Provide Five-Year MFN Safeguard In Services Trade

Textile Insights March 10, 2026

India and the European Union have agreed to extend Most-Favoured-Nation (MFN) treatment to each other for an initial period of five years following the entry into force of their proposed Free Trade Agreement (FTA). The provision is designed to ensure fair and non-discriminatory treatment in

Policies

DGFT Extends Export Obligation Deadline To 31 Aug 2026

Textile Insights March 10, 2026

India’s export community has received a temporary relief after the Directorate General of Foreign Trade announced an extension in the Export Obligation Period (EOP) for select export authorisations in view of ongoing geopolitical disruptions affecting global trade and logistics. Through a public notice issued on 6 March 2026, the DGFT has extended the export obligation

Policies

Tamil Nadu’s PM MITRA Park Draws Rs 2192 Cr. Investment

Textile Insights March 2, 2026

Tamil Nadu’s PM MITRA Park at Virudhunagar is fast emerging as a major hub in India’s integrated textile push, securing significant investor interest and fresh capital commitments as the Centre’s mega textile park vision gathers pace across the country. In a key development, the Board of Directors of the PM MITRA Park, Virudhunagar, has allotted […]

Policies

India–Israel FTA Talks Kick Off With Strong Momentum

Textile Insights February 28, 2026

India and Israel have taken a significant step towards deepening their economic partnership, with the first round of negotiations for the proposed India–Israel Free Trade Agreement (FTA) concluding successfully in New Delhi. Held from February 23–26, the talks marked the formal launch of negotiations under the Terms of Reference (ToR) signed in November 2025, setting […]

Policies

Jute MSP Up 4.9% As Policy Signals Sector Support

Textile Insights February 27, 2026

The Cabinet Committee on Economic Affairs (CCEA) has approved a Minimum Support Price (MSP) of Rs 5,925 per quintal for TD-3 grade raw jute for the 2026-27 marketing season, marking a 4.9 percent increase over Rs 5,650 per quintal fixed for 2025-26. Announcing the decision, Information and Broadcasting Minister Ashwini Vaishnaw said the hike would […]

Policies

TN Boosts Textiles With New Policy, Rs 1943 Crore Outlay

Textile Insights February 19, 2026

The Government of Tamil Nadu has unveiled a series of strategic policy initiatives and budgetary measures aimed at strengthening the global competitiveness of the state’s textile industry, which accounts for nearly one-third of India’s total textile business. Recognised as a key pillar of economic growth, the sector is expected to play a significant role in […]

Policies

Tamil Nadu Announces Rs 30-Crore Annual Subsidy To Modernise Textile Units

Textile Insights February 1, 2026

The Tamil Nadu government will allocate Rs 30 crore every year to provide a 20% capital subsidy for investments aimed at modernising weaving and knitwear units, Chief Minister M.K. Stalin announced on January 29. Addressing the International Textile Summit 360 in Coimbatore via video conference, the Chief Minister reiterated the state’s commitment to strengthening the […]

Policies

Mother Of All Deals: India–EU FTA Opens New Doors For Textile Exporters

Textile Insights January 27, 2026

Today, India and the European Union concluded negotiations on a landmark Free Trade Agreement (FTA), hailed by leaders on both sides as the mother of all deals. The agreement was announced in the presence of Prime Minister Narendra Modi, European Commission President Ursula von der Leyen and European Council President António Luís Santos da Costa, […]

Policies

EU Suspends GSP Benefits For Indian Textile Exports From January 1

Textile Insights January 26, 2026

The European Union has suspended preferential tariff benefits for most Indian exports under its Generalised Scheme of Preferences (GSP) from January 1, 2026, affecting 87% of India’s shipments to the bloc, trade think tank GTRI said. Only about 13% of exports, mainly agricultural and leather goods, will continue to enjoy reduced duties. Sectors losing benefits […]

Policies

Government Extends PLI Textiles Application Deadline To March 31, 2026

Textile Insights January 9, 2026

The Government of India has extended the deadline for submitting fresh applications under the Production Linked Incentive (PLI) Scheme for Textiles to March 31, 2026. The extension follows a strong response since the application portal was re-opened in August 2025, with textile companies submitting proposals across priority segments such as Man-Made Fibre (MMF) apparel,