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India Tightens Belt on Chinese Textiles: A cause for celebration or mi…

India Tightens Belt on Chinese Textiles: A cause for celebration or missed opportunity?

  India's recent move to impose a minimum import price (MIP) of $3.50 per kilogram on specific synthetic knitted fabrics from China has sparked debate within the textile industry. This policy follows earlier restrictions on fibre and yarn imports under Quality Control Orders (QCO)/Bureau of Indian Standards (... Read more

India-Bangladesh Rupee Trade: Slow start amidst dollar dominance

India-Bangladesh Rupee Trade: Slow start amidst dollar dominance

  While India and Bangladesh launched rupee-based trade in June 2023 to reduce dependence on the US dollar, the initiative faces an uphill battle. With a turnover of just $0.46 million in nearly seven months, the program suffers from several challenges. Current challenges Dollar dominance: The global domina... Read more

Can EFTA countries become a gateway for Europe for Indian textile and …

Can EFTA countries become a gateway for Europe for Indian textile and apparel industry?

  The European Free Trade Association (EFTA) nations have the potential to act as a bridge for the Indian textile and apparel industry to access the European market. The EFTA comprises Iceland, Liechtenstein, Norway, and Switzerland, all of which boasts of strong economic ties with the European Union (EU) thr... Read more

China to view VIATT's success with a mix of caution and opportunity

China to view VIATT's success with a mix of caution and opportunity

  The recent show ‘The Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) 24’ sent a clear message: Vietnam's textile and apparel industry is a force to be reckoned with. The expo's success highlights a complex relationship between Vietnam and China, a story of... Read more

RCEP: Countries see mixed fortunes in textile and apparel trade, Cambo…

RCEP: Countries see mixed fortunes in textile and apparel trade, Cambodia remains top gainer

  The Regional Comprehensive Economic Partnership (RCEP), the world's largest free trade agreement, has shown promising results for Cambodia in its first year. Its total trade with RCEP members reached nearly $30 billion, with exports growing by 28 per cent and imports falling by 13 per cent. However, the sto... Read more

WTO extends moratorium on e-commerce tariffs for two years

WTO extends moratorium on e-commerce tariffs for two years

  In a potential boost to global digital trade members of the World Trade Organization (WTO) have tentatively agreed to extend a moratorium on tariffs on electronic commerce for another two years, according to a draft document released last week. However, the decision still requires formal approval from all 1... Read more

SIMA cautions against panic buying as cotton prices rise

SIMA cautions against panic buying as cotton prices rise

  The Indian textiles and clothing industry, primarily reliant on domestically grown cotton, faces a tumultuous period marked by surmounting challenges. Despite grappling with issues like high capital costs, tariff barriers, and soaring power expenses, the sector traditionally leveraged competitive domestic c... Read more

India-UK FTA: Weaving a new fabric for textile and apparel trade

India-UK FTA: Weaving a new fabric for textile and apparel trade

  India and the UK are inching closer to a Free Trade Agreement (FTA), with potential significant impacts on the textile and apparel industry. While negotiations are ongoing, there are numerous anticipated effects on both imports and exports from this perspective. Data from the Global Trade Research Initiativ... Read more

The Fabric of Trade: Chinese imports loom large over India's textile i…

The Fabric of Trade: Chinese imports loom large over India's textile industry

  The influx of Chinese fabrics into India has become a contentious issue, raising concerns about unfair competition, job losses, and the fate of the domestic textile industry. This influx raises concerns about legality and the future of domestic manufacturers. The issue is fairly complex. Policy tailwinds f... Read more

Indian Textiles on the Brink: Can a new policy save the day?

Indian Textiles on the Brink: Can a new policy save the day?

  The Indian textile industry, once a global powerhouse, is facing significant challenges. Declining exports, ailing infrastructure, and fierce competition threaten its future. In a recent report, a Parliamentary Committee recognized the need for urgent action and called for a comprehensive National Textile P... Read more

Textile Tussle: Anti-dumping duties spark trade friction between India…

Textile Tussle: Anti-dumping duties spark trade friction between India and China

  The textile industry, a crucial spoke in India and China’s GDP economic growth, has become a battleground for anti-dumping duties (ADD), raising concerns about business losses and the future of trade relations.  Tit for tat ADDs Both India and China have imposed ADD on imports from each other. ... Read more

New payment law for MSMEs shakes up India's textile trade

New payment law for MSMEs shakes up India's textile trade

  India's textile industry, a major contributor to the economy, is facing a ripple effect due to a new amendment in the Companies Act 2023. This amendment, aimed at improving liquidity for Micro, Small, and Medium Enterprises (MSMEs), mandates faster payments to these entities. While the long-term benefits ar... Read more

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Government imposes Minimum Import Price on synthetic knitted fabrics

  In a bid to fortify domestic manufacturing and mitigate the inundation of low-cost im... Read more

France passes bill to address environmental impact of fast fashion products

  France's National Assembly has passed a bill aimed at addressing the environmental im... Read more

Introduce new textile policy on urgent basis, urges SGCCI

  In a recent meeting with the state government officials, several representatives of t... Read more

DGFT grants exemption from QCOs to viscose staple fiber imports

  The Directorate General of Foreign Trade (DGFT) has granted an exemption to certain i... Read more

NCTO: Asian apparel practices hurt US textiles

  The National Council of Textile Organizations (NCTO) warns of a looming crisis in the... Read more

Government extends RoDTEP benefits to the textile sector

  The government has declared an expansion of benefits under the renowned export promot... Read more

Karnataka announces new textile policy for 2024-2029

  The Karnataka Government has formulated a new textile policy spanning from 2024 to 20... Read more

Centre extends RoSCTL scheme for apparel exporters

  The Central Government has announced an extension of the Rebate of State and Central ... Read more

Kenya's textile players raise concerns over duty-free import of fabrics

  Kenyan textile manufacturers have raised concerns over a government proposal to allow... Read more

Stringent government restrictions exacerbating MEG scarcity in Indonesia: A…

  Stringent government import restrictions are exacerbating the scarcity of mono-ethyle... Read more

STMA urges for extension of VAT exemption to power loom manufacutrers

  Sri Lanka's Textile Manufacturers' Association (STMA) is urging the government to ext... Read more

Textile Ministry pushes for expansion of PLI scheme in textiles

  The Indian government plans to expand the Production Linked Incentive (PLI) scheme fo... Read more

Kenya textile manufacturers oppose import of duty-free cotton fabric

  Textile manufacturers from Kenya's cotton-growing regions are fiercely opposing the g... Read more

CMAI express concerns over recent amendment to MSMEs payments policy

  The Clothing Manufacturers Association of India (CMAI) has expressed concerns about t... Read more

Tamil Nadu to adopt local procurement policy for technical textiles

  The Tamil Nadu Government plans to adopt a local procurement policy to capture a larg... Read more

India to boost textile exports to Australia, UAE

  As demand for textile exports in Europe and the US market continues to wane, India pl... Read more

Textile Ministry to promote exports under Kasturi Cotton Initiative

  The Union Textile Ministry plans to promote cotton exports under the Kasturi Cotton I... Read more

Transforming global textile alliances: India's journey to ESG excellence

  In a groundbreaking shift, India's textile industry has embraced Environmental, Socia... Read more

Introduce support measures for spinning segment, urges CITI

  Rakesh Mehra, Chairman, Confederation of Indian Textile industry (CITI), has urged th... Read more

New trade policy may trigger batik imports: Chairman, API

  Jemmy Kartiwa Sastraatmaja, General Chairman, Indonesian Textile Association (API), s... Read more

Make urgent policy changes for uninterrupted access to raw materials: Presi…

  KV Shrinivas, President, International Textile Manufacturers Federation (ITMF) urged ... Read more

RoSCTL extension has become a necessity: AEPC

  Current global economic uncertainties have made the extension of the RoSCTL scheme fo... Read more

Centre to set up seven PM MITRA parks

  The central government plans to set up seven Pradhan Mantri Mega Integrated Textile R... Read more

Maharashtra forms study group for power loom industry improvements

  The Maharashtra government is taking steps to address issues within the state's power... Read more

Pakistan textile's $50 bn boost includes opening 1,000 units, incentives, g…

  Focusing on its ambitious target of reaching $50 billion in export, key players in Pa... Read more

India boosts circular textiles with new HSN codes and record-keeping

  India’s Ministry of Textiles in India is taking significant steps to enhance th... Read more

Deadline for applications under PLI scheme for textiles extended

  The government has extended the deadline for new applications under the PLI scheme fo... Read more

Government to extend cotton pilot project beyond March 2024

  Following a 25 per cent surge in cotton production across 10 states, the government p... Read more

EU GSP report flags human rights concerns in Bangladesh

  In the evaluation report spanning 2020-33, the European Union (EU) has raised apprehe... Read more

Bihar's Global Investors' Summit to attract investments in textiles from Ba…

  The Bihar government is enticing entrepreneurs from Bangladesh to invest in the state... Read more

India proposes changes in Comprehensive Economic Partnership Agreement with…

  India’s Commerce Ministry is planning to introduce amendments to the rules of o... Read more

Africa seeks AGOA extension beyond 2025

  Multiple African nations are actively pursuing an extension of the African Growth and... Read more

AMHSSC plans new centres of excellence across the country

  The Apparel Made-Ups and Home Furnishing Sector Skill Council (AMHSSC) is embarking o... Read more

Extend refinancing facility to textiles, BTMA urges Bangladesh Bank

  Mohammad Ali Khokon, President of the Bangladesh Textile Mills Association (BTMA), ha... Read more

India signs supply chain agreement with 13 IIPEF partner countries

  India has signed a Supply Chain Agreement within the Indo-Pacific Economic Framework ... Read more

ASEAN urges India to join RCEP for mutual benefits

  Kao Kim Hourn, Secretary-General of ASEAN, has advocated for India to reconsider join... Read more

SIMA urges Tamil Nadu CM for textile industry support

  The Textiles and Clothing (T&C) sector in Tamil Nadu, known as the backbone of th... Read more

India: RoDTEP Scheme extended for Nine Months

  Welcome Step The Indian government has recently announced the extension of the Remis... Read more

H&M to Resume Operations in Ukraine in November

  Swedish fashion retailer H&M announced on Thursday that it plans to reopen most o... Read more

India: National e-commerce policy nearing finalization

  The commerce and industry ministry is finalizing the national e-commerce policy. The ... Read more

Germany backs Philippines-EU trade talks for stronger ties

  Germany has expressed firm support for the revival of negotiations concerning a free ... Read more

'Make in India' initiative drives economic transformation, global investor …

  The "Make in India" initiative, launched in 2014, has been a major success. FDI in th... Read more

“NTBs, a growing threat to textiles trade”, says AEPC India

  Non-tariff barriers (NTBs) are increasingly proving to be a formidable weapon capable... Read more

Sri Lanka's apparel industry leaps ahead with sustainable compliance initia…

  Amidst the economic challenges confronting Sri Lanka and the introduction of stringen... Read more

India-UK free trade agreement nears realization

  India and the United Kingdom are making gradual progress towards formalizing a free t... Read more

India-Bangladesh trade in rupees to boost commerce

  India and Bangladesh have agreed to exclusively employ the rupee for their bilateral ... Read more

Shein achieves record sales 2023

  Despite facing multiple lawsuits and government scrutiny in the US, Shein has experie... Read more

Sri Lanka Seeks Added Duty Free Apparel Access To India

  Sri Lanka seeks a six-fold expansion of duty-free access for its apparel in India und... Read more

Better Cotton Supports EU's Green Claims Directive to Tackle Greenwashing

Better Cotton Supports EU's Green Claims Directive to Tackle Greenwashing

  Better Cotton, the world's largest cotton sustainability initiative, has provided f... Read more

VDMA opposes EU's PFAS ban

The VDMA, representing over 3,600 German and European mechanical and plant engineering compan... Read more

Zero Carbon co-locates with COP28 in Dubai

World Textile Information Network (WTiN) plans to co-locate Innovate: Zero Carbon with COP28 ... Read more