Trade & Market

Global Textile Fibre Market Crosses 139 Million Tonnes: Polyester Is Driving Next Phase Of Growth

Textile Insights October 9, 2026

The global textile industry produced a record 139 million tonnes of fibres in 2025, up from 132 million tonnes a year earlier, as polyester and other virgin fossil-based synthetics continued to drive market expansion. But behind the headline growth is a more complicated picture. While the

Trade & Market

Thailand-EU FTA Talks Make Progress On Transparency, Regulatory Practices

Textile Insights October 9, 2026

Thailand and the European Union (EU) have reached agreements on good regulatory practices and transparency during the fourth round of negotiations for a free trade agreement (FTA), held in Bangkok from November 25 to 29, 2024. Chotima Iemsawasdikul, director-general of Thailand’s Trade Negotiations Department, said negotiations had progressed across several chapters, with

Trade & Market

India-EU FTA To Boost German Investment In India: Indo-German Chamber

Textile Insights October 9, 2026

The India-EU Free Trade Agreement (FTA) is expected to strengthen trade ties between India and Europe and encourage greater German investment in India, Jan Noether, director general of the Indo-German Chamber of Commerce, said at the inaugural Indo-German Engineering Summit 2026 in Bengaluru on Tuesday. Speaking on the sidelines of the summit, Noether said the […]

Trade & Market

Commerce Ministry Sets Up FTA Cell To Boost Export Opportunities

Textile Insights October 9, 2026

The Department of Commerce has set up a free trade agreement (FTA) utilisation cell to help Indian businesses tap export opportunities in partner markets, Commerce Secretary Rajesh Agarwal said on Wednesday. Speaking at the India-EFTA Prosperity Summit, Agarwal said the cell would work with industry associations, export promotion councils (EPCs) and state governments to

Trade & Market

India, Jordan Explore Textile Trade, Sourcing And Investment Opportunities

Textile Insights October 8, 2026

India and Jordan are looking to deepen cooperation in textiles and apparel, with both sides exploring opportunities in trade, sourcing, investment, joint ventures and institutional partnerships. A high-level Jordanian delegation led by Zaher Al Qatarneh, Secretary-General, Ministry of Investment, Jordan, met Neelam Shami Rao, Secretary (Textiles), Government of India, in

Trade & Market

Yarn Prices Surge Up To 70%, Squeeze Bhiwandi Powerloom Sector

Textile Insights September 24, 2026

A sharp rise in yarn prices since February-March has put Bhiwandi’s powerloom and grey-fabric sector under growing financial pressure, with traders reporting a 50–70 per cent increase in prices of several commonly used yarn varieties. The surge in raw-material costs has not been matched by finished-fabric prices, squeezing margins for weaving and grey-fabric manufacturers

Trade & Market

Vietnam, India Target US$ 25 Billion Bilateral Trade

Textile Insights September 17, 2026

Vietnam and India have agreed to step up efforts to raise bilateral trade to $25 billion at an early date, while improving market access for products from both countries. The agreement was reached during talks between Vietnamese Prime Minister Le Minh Hung and Indian Prime Minister Narendra Modi on September 12, held during Hung’s working […]

Trade & Market

DGFT To Set Up Centralised Unit For Faceless Trade Processing

Textile Insights September 16, 2026

The Directorate General of Foreign Trade (DGFT) is set to establish a Central Processing Department (CPD) in Delhi to create a centralised, faceless and jurisdiction-free system for processing trade-related applications. The initiative by the Ministry of Commerce and Industry is aimed at moving export-import related regulatory processes towards a paperless and centralised

Trade & Market

India-Russia Trade Needs Rebalancing To Reach US$ 100 Billion Target: Goyal

Textile Insights September 15, 2026

Commerce Minister Piyush Goyal has called for a rebalancing of India-Russia trade as the two countries aim to increase bilateral trade to US$ 100 billion by 2030 from around US$ 60 billion currently. Speaking at the India-Russia Business Dialogue 2026 in New Delhi on Thursday, Goyal said greater diversification of trade would be critical to […]

Trade & Market

UK Trade Pact To Open New Opportunities For Haryana Textiles, Footwear, Gems

Textile Insights September 15, 2026

The India-UK Comprehensive Economic and Trade Agreement (CETA) is expected to create fresh opportunities for Haryana’s textile, footwear, gems and jewellery and engineering sectors, while providing the state’s MSMEs and startups greater access to the UK market, Haryana chief minister Nayab Singh Saini said on Monday. Addressing the ‘Haryana-UK CETA Trade Bridge: Unlocking