Policies

GST Council May Shift Textiles To 5% Slab

Textile Insights August 28, 2025

The 56th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, is set to take place on September 3–4, 2025 in New Delhi, where key proposals to simplify the tax regime and ease costs for consumers will be discussed. According to reports, the government is considering moving all

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Government Extends Cotton Import Duty Exemption Till December 31

Textile Insights August 28, 2025

Offering crucial relief to India’s textile exporters grappling with steep US tariffs, the Central Government has extended the exemption on cotton import duty until December 31, 2025, the Ministry of Finance announced today. Initially introduced as a temporary measure from August 19 to September 30, 2025, the duty waiver has now been prolonged to ensure […]

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Ghana Unveils Draft Policy To Revive Textiles And Apparel Sector

Textile Insights August 19, 2025

Ghana has unveiled a draft 10-year policy framework aimed at restoring its once-thriving textiles and garments sector and positioning the country as a leading hub for ethical and sustainable apparel production in West Africa. The proposed framework outlines interventions across nine thematic areas, including infrastructure development, cotton cultivation, investment

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Textile Exports To Double Under India-UK Trade Pact

Textile Insights July 25, 2025

India and the United Kingdom have signed the Comprehensive Economic and Trade Agreement (CETA), India’s most ambitious free trade pact with a major developed nation in over a decade. The agreement was signed yesterday by India’s Commerce and Industry Minister Piyush Goyal and the UK’s Secretary of State for Business and Trade Jonathan Reynolds, in […]

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India, UK Close To Finalising Free Trade Agreement After Over Three Years Of Talks

Textile Insights July 21, 2025

India and the United Kingdom are on the verge of concluding a long-awaited free trade agreement (FTA) that is likely to be signed this week, according to two senior Indian government officials. The deal, which has been under negotiation for over three years, is poised to boost bilateral trade by reducing tariffs and easing market […]

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PLI Scheme Boosts India’s MMF And Technical Textiles Growth

Textile Insights July 17, 2025

Launched in 2021, the Production Linked Incentive (PLI) Scheme for Textiles has emerged as a transformative initiative, propelling India’s textile industry toward global competitiveness. Operational from 24th September 2021 to 31st March 2030, the scheme offers financial incentives over five years to bolster manufacturing in Manmade Fibre (MMF) apparel, fabrics, and

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Bangladesh Seeks Tariff Relief Amid Urgent Trade Talks With US

Textile Insights July 10, 2025

Bangladesh is in urgent negotiations with the US to avert looming tariffs that threaten its key exports, particularly apparel. Set to take effect on July 9, the proposed US tariff policy includes a 37% duty on Bangladeshi cotton products more than double the current 16% with a 10% baseline levy already in place. A high-level […]

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US, India Close To Trade Deal Ahead Of Tariff Deadline

Textile Insights July 9, 2025

The United States is close to finalizing a mini trade deal with India, President Donald Trump announced on Tuesday, as his administration issued reciprocal tariff notices to several global trading partners. The move follows Trump’s earlier imposition of a 26% tariff on Indian imports in April 2025, which was later eased to 10% for a […]

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Centre Plans New PLI Scheme For Garments To Boost Jobs, Investments: Textiles Minister

Textile Insights June 30, 2025

The Centre is working on launching a dedicated Production-Linked Incentive (PLI) scheme for the garment sector, Union Textiles Minister Giriraj Singh has said. This new initiative will be separate from the existing PLI scheme for textiles, which was launched in 2021 with an outlay of Rs 10,683 crore over five years to support production of […]

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India-UK FTA To Unlock New Growth Avenues For Indian Textile Exports

Textile Insights May 9, 2025

India and the United Kingdom have concluded a comprehensive Free Trade Agreement (FTA) and a Double Contribution Convention aimed at significantly deepening economic ties, boosting trade and expanding investment and employment opportunities across key sectors, including textiles and apparel. The FTA which took nearly three years of negotiations and 14 rounds of talks to