Economy

India Targets 10% Share Of Global Merchandise Exports By 2047: WTO

Textile Insights July 23, 2026

India aims to increase its share of global merchandise exports from around 1.8 per cent in 2024 to nearly 10 per cent by 2047, as part of its long-term Viksit Bharat development vision, according to a World Trade Organisation (WTO) report. The WTO said India has maintained various duty

Export

Govt Preparing FTA Utilisation Strategy To Boost Exports

Textile Insights May 11, 2026

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,

Export

India’s Textile Exports Show Resilience, Grow Across 111 Markets

Textile Insights November 13, 2025

India’s textile and apparel exports, including handicrafts, displayed strong resilience in the first half of FY 2025–26 despite global headwinds and tariff challenges in key markets. According to release, India’s global exports of textiles, apparel and made-ups grew marginally by 0.1% during April–September 2025 compared to the same period last year. Exports to 111

Economy

Union Budget 2025-26: A Transformational Push For Textiles, MSMEs, Agriculture And Exports

Textile Insights February 1, 2025

Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26, introducing a series of bold reforms and sector-specific initiatives aimed at bolstering India’s textile industry, MSMEs, exports and agriculture, while implementing tax relief measures to increase disposable income and stimulate economic growth. With a strong focus on self-reliance, domestic