Policies

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

Policies

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

Policies

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 […]

Policies

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

Policies

Chhattisgarh CM Invites Textile Investment, Highlights New Policy

Textile Insights April 24, 2025

Chhattisgarh Chief Minister Vishnu Deo Sai on Wednesday urged the textile industry to leverage the state’s investor-friendly ecosystem, backed by a reimagined industrial policy and abundant natural resources, to fuel its next phase of growth. Speaking at an event organised by the Clothing Manufacturers Association of India (CMAI), following the signing of a Memorandum of

Policies

Rajasthan Rolls Out Rs 10,000 Cr Textile Policy To Boost Jobs And Investment

Textile Insights April 17, 2025

In a major policy push to position Rajasthan as a leading textile manufacturing hub, the state government has announced the Rajasthan Textile and Apparel Policy 2025. The comprehensive policy aims to attract investments worth Rs 10,000 crore and create up to two lakh new jobs over the next five years, while fostering inclusive, sustainable growth […]

Policies

Trump Announces 90-Day Pause On Reciprocal Tariffs, Excludes China

Textile Insights April 10, 2025

United States President Donald Trump has announced a 90-day pause on reciprocal tariffs for most countries, with a notable exception – China, which will instead face a steep tariff increase to 125%, according to a statement posted on his Truth Social account. Trump justified the move by citing China’s ongoing trade practices, stating, “At some […]

Policies

Trump Slaps 26% Tariff On Indian Goods: Impact On Trade And Economy

Textile Insights April 4, 2025

US President Donald Trump has unveiled a sweeping tariff policy, imposing a 26% reciprocal duty on Indian imports as part of his broader economic strategy. Announcing April 2, 2025, as ‘Liberation Day,’ Trump accused foreign nations of exploiting the US through unfair trade practices and justified the move as a corrective measure rather than a […]