Confederation of Indian Textile Industry has welcomed the government’s announcement of the Resilience & Logistics Intervention for Export Facilitation (RELIEF) scheme, calling it a timely boost for exporters facing disruptions due to ongoing tensions in West Asia. CITI Chairman Ashwin
The Ministry of Textiles has reviewed the status of jute cultivation and preparedness for the ongoing crop season, while also signing a key agreement to strengthen the jute value chain in the Northeast. The review was chaired by Neelam Shami Rao, Secretary (Textiles) and brought together senior officials from major jute-growing states including Assam, Odisha, […]
India is accelerating its trade diplomacy by actively negotiating six Free Trade Agreements (FTAs) with a mix of developed economies and emerging markets, as part of a broader strategy to expand export opportunities and strengthen global economic integration. According to the Ministry of Commerce, ongoing negotiations include agreements with Australia, Sri Lanka, Peru,
Union Minister of Commerce and Industry Piyush Goyal has called on industry leaders to actively leverage opportunities under the India–EFTA Trade and Economic Partnership Agreement (TEPA), highlighting its potential to attract US$ 100 billion in foreign direct investment and generate up to one million jobs. Speaking at a commemorative session marking two years of the […]
Pema Khandu, Chief Minister of Arunachal Pradesh, has announced a Rs 25-crore package aimed at strengthening the state’s sericulture and textile sector while also inaugurating the Arunachal Fashion Week – The Artisans’ Movement at Naharlagun. The initiative is intended to support local artisans and designers while promoting the region’s traditional weaving heritage.
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 bilateral trade in services. Under the MFN clause, service sectors […]
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
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 […]
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 […]
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 […]






















