Trade & Market

India-US Trade Deal Hinges On Competitive Tariff Access, Says Goyal

Textile Insights July 30, 2026

The first phase of the proposed India-US Bilateral Trade Agreement (BTA) will come into effect only after the United States restores India’s tariff competitiveness vis-à-vis rival exporting nations, Commerce and Industry Minister Piyush Goyal has said. Addressing concerns over the

Trade & Market

West Asia Crisis Highlights What India Must Fix To Reach US$100 Billion Textile Exports

Textile Insights July 30, 2026

India’s textile and apparel exports have remained around the US$ 40 billion mark for nearly six years, despite the industry’s ambition to reach US$ 100 billion by 2030. The ongoing West Asia crisis has disrupted trade routes and logistics, but it has also exposed deeper structural challenges that India must address to accelerate export growth. […]

Trade & Market

Goyal Says India-UK Trade Pact To Strengthen Global Growth

Textile Insights June 26, 2026

Union Commerce and Industry Minister Piyush Goyal has said the India-UK Comprehensive Economic and Trade Agreement (CETA) will strengthen bilateral economic ties and act as a catalyst for global growth by enhancing cooperation in trade, investment, technology and strategic sectors. Speaking at the India Global Forum’s UK-India Week 2026 in London, Goyal said the

Trade & Market

China–Kenya Chambers Sign MoU To Strengthen Bilateral Cooperation

Textile Insights June 22, 2026

The China Chamber of Commerce for Import and Export of Machinery and Electronic Products and the Kenya National Chamber of Commerce and Industry have signed a Memorandum of Understanding (MoU) to strengthen bilateral cooperation through trade facilitation, knowledge exchange and joint research initiatives. The agreement aims to deepen industrial and commercial ties,

Trade & Market

India–Oman CEPA Boosts Duty-Free Apparel Trade

Textile Insights June 22, 2026

The implementation of the India–Oman Comprehensive Economic Partnership Agreement (CEPA) is reshaping apparel trade between the two countries by removing import duties on a wide range of textile and garment products, making India a more competitive sourcing destination for GCC fashion brands. Under the agreement, Oman has granted duty-free access to over 98% of tariff […]

Trade & Market

India-US Trade Deal Nearing Completion, Boosting Export Prospects

Textile Insights June 19, 2026

India and the United States are moving closer to finalising a long-awaited trade agreement, with both sides signalling significant progress during high-level discussions held on the sidelines of the G7 Summit in France. The talks focused on strengthening economic cooperation, expanding bilateral trade and resolving outstanding market access issues. Officials indicated that

Trade & Market

India, UK Work To Finalise FTA Rollout As Trade Talks Advance

Textile Insights June 18, 2026

India and the United Kingdom are working to resolve a few outstanding issues that have delayed the implementation of their landmark Free Trade Agreement (FTA), with officials from both countries engaged in discussions to operationalise the pact signed last year. Commerce Secretary Rajesh Agrawal said an Indian delegation is currently in London to address pending […]

Trade & Market

India Continues Talks On U.S. Tariff Proposal

Textile Insights June 4, 2026

India is continuing discussions with the United States following the conclusion of a U.S. Trade Representative (USTR) investigation into import-related measures adopted by 60 economies, including India, under Section 301 of the U.S. Trade Act of 1974. The USTR has proposed additional tariffs on imports from the affected economies as part of the investigation. However, […]

Trade & Market

China, US Move Towards Early Implementation Of Tariff Reduction Pact

Textile Insights June 2, 2026

China has said its recently agreed tariff framework with the United States will be implemented soon, with both sides maintaining close communication to finalise operational arrangements. A spokesperson for China’s Ministry of Commerce said the two countries are working to translate the agreement into action at the earliest, while expressing hope that the US will […]

Trade & Market

Shipping Disruptions Raise Global Trade Costs, WTO Warned

Textile Insights June 2, 2026

Global shipping leaders have flagged rising freight costs and mounting capacity pressures as ongoing disruptions across key maritime trade routes continue to strain global commerce. During a meeting with WTO Director-General Ngozi Okonjo-Iweala, senior executives from leading shipping companies said rerouting cargo through alternative corridors is increasing operational