India and South Korea will hold official negotiations on May 25 to review their Comprehensive Economic Partnership Agreement (CEPA), which has been in force since January 2010, an official said. The discussions come amid India’s push for a more modern and balanced trade framework, with New
The government has revised its Standard Operating Procedure (SOP) for processing foreign direct investment (FDI) proposals, setting a maximum clearance timeline of 12 weeks to speed up approvals and improve ease of doing business. Under the updated framework, all FDI applications will be decided within 12 weeks, excluding the time taken by applicants to rectify […]
A potential breakthrough in the Strait of Hormuz dispute has raised hopes of easing global energy market pressures after weeks of disruption in one of the world’s most critical shipping routes. According to regional media reports, including Al Arabiya, a tentative agreement has been reached to restore maritime movement through the Strait, following a period […]
The Nigerian Senate has called on the Federal Government to urgently revive the country’s struggling textile industry, with a special focus on the historic Kaduna–Kano industrial belt. The appeal followed a motion moved by Senator Katung Sanday Marshall of Kaduna South, and co-sponsored by five other lawmakers, highlighting the steep decline of a sector that […]
The European Union has urged India and the EU to consider adding an investment liberalisation chapter to their Free Trade Agreement (FTA) when it comes up for review, saying it would strengthen long-term economic ties and encourage greater private sector participation. Speaking at a Federation of European Business in India (FEBI) meeting, Hervé Delphin said […]
The Southern India Mills Association (SIMA) and the Confederation of Indian Textile Industry (CITI) have jointly urged the government to permanently remove the 11% import duty on cotton, citing rising input costs and widening supply-demand gaps in India’s textile sector. The recommendation follows a study titled Economic Analysis of Cotton Supply, Pricing and Trade Policy
The global fashion industry is entering a new phase of trade integration following the signing of the India–New Zealand Free Trade Agreement (FTA) on April 27, 2026. The agreement is expected to significantly transform apparel sourcing and textile trade between the two countries, particularly for New Zealand fashion brands seeking scalable, cost-efficient, and sustainable
Nigeria and India have stepped up efforts to revive Nigeria’s struggling textile sector through investment partnerships, technology transfer, skills development, and expanded bilateral trade initiatives. The development was highlighted at the Textile Meet and Business-to-Business (B2B) Nigeria–India engagement held at the Indian High Commission in Abuja. India’s High
India’s textile industry is emerging as a global benchmark for sustainable manufacturing, with clusters such as Tirupur and Panipat demonstrating large-scale success in water recycling and textile circularity. Tirupur, which contributes over 54 percent of India’s knitwear exports, has established one of the world’s largest Zero Liquid Discharge (ZLD) ecosystems for textile
India’s textile and apparel sector is set for a significant export push following the signing of the revolutionary India–New Zealand Free Trade Agreement (FTA), a comprehensive pact that promises to reshape bilateral trade and unlock new opportunities across goods, services, investment and talent mobility. The agreement was signed at Bharat Mandapam by Piyush Goyal and





















