June 13, 2026
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Trade & Market

India-Oman FTA To Boost Textile Exports

Textile Insights
India’s textile and apparel sector is expected to gain significant export opportunities as the proposed free trade agreement (FTA) between India and Oman is likely to come into force from June 1, 2026, according to Union Commerce and Industry Minister Piyush Goyal. Speaking to reporters in New Delhi, Goyal said discussions with the Oman delegation […]
Export

Govt Preparing FTA Utilisation Strategy To Boost Exports

Textile Insights
India is preparing a comprehensive FTA utilisation strategy to help businesses maximise benefits from recently signed free trade agreements with major developed economies, according to government officials. Since 2021, India has concluded trade agreements with countries and blocs including Australia, United Arab Emirates, United Kingdom, European Free Trade Association,
Industry

Coimbatore Industry Welcomes ECLGS 5.0 Support

Textile Insights
Textile industry bodies and MSME associations in Coimbatore have welcomed the introduction of the Emergency Credit Linked Guarantee Scheme (ECLGS) 5.0, stating that it will provide critical liquidity support to businesses facing challenging global conditions. Southern India Mills’ Association Chairman Durai Palanisamy said the textile industry has been struggling
Cotton

SIMA Welcomes Mission For Cotton Productivity

Textile Insights
Southern India Mills’ Association (SIMA) has welcomed the Union Cabinet’s approval of the Mission for Cotton Productivity (MCP) under the National Mission for Cotton Productivity, also known as Kapas Kranti, with an outlay of Rs 5,659.22 crore up to 2030-31. In a statement, Durai Palanisamy, the chairman of SIMA, described the initiative as a timely […]
Industry

Bangladesh Warned On Post-LDC Trade Risks

Textile Insights
A new policy study by South Asian Network on Economic Modeling (SANEM) has cautioned that Bangladesh is not institutionally prepared for the trade challenges that will emerge after its graduation from Least Developed Country (LDC) status in 2026. Authored by Selim Raihan, the report titled Strengthening Trade Competitiveness: Bangladesh’s Strategy for Effective FTAs and
Policies

India Pushes Faster TEPA Resolution

Textile Insights
India has urged for the early resolution of implementation-related challenges under the India–EFTA Trade and Economic Partnership Agreement (TEPA) to ensure businesses from both sides can fully benefit from the pact. The issue was highlighted by Rajesh Agrawal during his official visit to Switzerland on May 6-7, aimed at strengthening bilateral trade and investment

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