Policies

India Advances FTA Agenda With Six Key Trade Partners

Textile Insights March 19, 2026

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

Policies

Goyal Urges Industry To Tap India–EFTA TEPA Potential

Textile Insights March 18, 2026

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 […]

Policies

Arunachal Plans Rs 25-Crore Boost For Textile And Sericulture

Textile Insights March 16, 2026

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.

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 bilateral trade in services. Under the MFN clause, service sectors […]

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 […]