Policies

USA Unveils Enhanced Strategy To Combat Illicit Textile Trade

Textile Insights April 6, 2024

The US Department of Homeland Security (DHS) launched an enhanced strategy to combat illicit trade and level the playing field for the American textile industry, which accounts for over 500,000 US jobs. Two of DHS’s agencies, US Customs and Border Protection (CBP) and Homeland Security

Policies

Mexico To Review Antidumping Duty On PFY Imports From India

Textile Insights April 1, 2024

The Mexican Ministry of Economy through a gazette informed that is reviewing the anti-dumping duty imposed on imports of polyester filament yarn (PFY) from India and China with tax number 5402.33.01. The gazette said that the review is initiated by a change in the circumstances that led it to conclude that there will be no […]

Policies

Brazil Initiates Anti-Dumping Investigation On PSF Imports

Textile Insights March 27, 2024

Brazil has initiated an anti-dumping investigation in to imports of polyester staple fibre (PSF) originating from India, China, Vietnam, Malaysia and Thailand. The Foreign Trade Secretariat of the Brazilian Ministry of Development, Industry, Trade and Services issued a notice regarding this earlier on March 25, 2024. The Foreign Trade Secretariat did this in response to

Policies

Bangladesh Garment Industry Grilled By US Trade Commission

Textile Insights March 18, 2024

Bangladesh garment industry representatives faced tough questions on wages, labour rights and worker productivity at a virtual hearing held by the United States International Trade Commission (USITC) last week. Bangladesh was among the five countries that export garments to the US market and were questioned by USITC Chairman David Johansson and his colleagues during the

Policies

France Proposes Ban On Used Clothing Export To Africa & Asia

Textile Insights March 18, 2024

The French Ministry of the Environment has submitted a proposal to the European Union Parliament to ban export of used clothing. This step was taken as part of the government’s increasingly urgent efforts to tackle the worsening textile waste problem. According to United Nations (UN) trade data, the European Union has exported 1.4 million metric […]

Policies

Govt Sets Minimum Price For Imported Synthetic Fabrics For 6 Months

March 17, 2024

In a bid to regulate imports and protect domestic manufacturers, the Central government has announced the imposition of a minimum import price on certain categories of synthetic knitted fabrics. The decision, made under the Foreign Trade (Development & Regulation) Act, 1992, and in accordance with the Foreign Trade Policy, 2023, aims to ensure a level […]

Policies

India Extends Reskilling Programme Samarth Till March 2025

Textile Insights March 14, 2024

The Indian government has decided to extend ‘Samarth’ scheme for capacity building in textiles sector by another year and will now be operational till March 31, 2024. A circular from the Ministry of Textiles informed that the Department of Expenditure under the Ministry of Finance has approved the extension of the scheme. Samarth is a […]

Policies

Exporters Under AA, EOU & SEZ Exempted From Mandatory QCO

Textile Insights March 14, 2024

The Directorate General of Foreign Trade (DGFT) has taken steps to alleviate the burden on exporters operating under Advance Authorisation (AA), Export Oriented Units (EOU), and Special Economic Zones (SEZ). DGFT has done this by enabling provisions to exempt inputs from mandatory Quality Control Orders (QCOs) issued by the Ministry of Steel, DPIIT, and Ministry […]

Policies

Selling Machine Made Products As Handmade Will Be Penalised

Textile Insights March 7, 2024

Textiles Minister Piyush Goyal warned of firm action against those selling machine-made products under the ‘Handmade in India’ label. Piyush Goyal said this during his interaction with beneficiaries of the textile sector and urged them to be vocal for local and take local to global. Also present during the interaction were Minister of State for […]

Policies

Finance Ministry May Tweak 45 Days Payment Rule for MSMEs

Textile Insights March 2, 2024

The government is actively reviewing the concerns of stakeholders and assessing whether there are valid grounds for amendments to this 45-days payment rule for MSMEs. The Union Finance Ministry is contemplating a revision to a recent tax regulation requiring businesses to settle payments to small and medium-sized enterprises (MSMEs) within 45 days. This follows a […]