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
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, […]
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 […]
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,
The proposed India–Oman Free Trade Agreement (FTA) is set to open significant opportunities across sectors such as textiles, food processing, automobiles, gems and jewellery, agrochemicals, renewable energy and auto components, Union Minister of Commerce and Industry Shri Piyush Goyal said while addressing the India–Oman Business Forum in Muscat. Highlighting Oman’s
Union Minister of Commerce and Industry Piyush Goyal held a high-level dialogue with the European Union’s Commissioner for Trade and Economic Security, Maroš Šefčovič, during his visit to New Delhi on 8–9 December 2025. The meeting marked a significant step toward accelerating negotiations on the long-pending India–EU Free Trade Agreement (FTA), with both leaders aiming
The domestic textiles and apparel industry has lauded the long-awaited labour reforms and implementation of the new Labour Codes. The implementation of four Labour Codes, which consolidates 29 central labour laws into a cohesive and simplified framework, marks a landmark moment in India’s employment law landscape, ensuring greater uniformity in labour regulation and a more
The Central Government has rescinded the Quality Control Order (QCO) requirement for Viscose Staple Fibre (VSF) with immediate effect. The decision, taken after consultations with the Bureau of Indian Standards (BIS) and key industry stakeholders, aims to ease raw material availability and address long-standing concerns around supply constraints and elevated costs. The
The Ministry of Textiles has approved 17 new applicants under Round 3 of the Production Linked Incentive (PLI) Scheme for Textiles, giving a renewed push to India’s Man-Made Fibre (MMF) and Technical Textiles ecosystem. The approvals, announced on November 18th, mark a major step toward strengthening domestic manufacturing, attracting fresh investments, and enhancing
The Ministry of Chemicals and Fertilizers (Department of Chemicals & Petrochemicals) has announced the rescission of multiple Quality Control Orders (QCOs) across critical petrochemical, plastics and man-made fibre (MMF) value chains. The move, issued through a series of notifications on November 12, 2025, follows consultations with the Bureau of Indian Standards (BIS)





















