Global apparel sourcing decisions used to rest on a fairly narrow set of criteria: unit cost, capacity and turnaround time. That calculus no longer holds on its own. Trade policy is being rewritten in real time, buyers are actively rebalancing where they place orders, and market access itself
India’s textile and apparel industry could be among the biggest beneficiaries of the proposed India-European Union Free Trade Agreement (FTA), which is expected to be signed by December 2026 and come into effect by February-March 2027. Announcing the timeline during an interaction with chartered accountants in Mumbai, Union Commerce and Industry Minister Piyush Goyal














