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Global Used Clothing Leaders Urge UNEP To Ensure Transparency In Textile Trade GuidelinesA coalition of second-hand clothing industry leaders, policymakers and academics from Africa, Asia, Europe and North America has raised concerns about the United Nations Environment Programme’s (UNEP) “Circularity and Used Textile Trade Project.” Led by the Ghana Used Clothing Dealers Association (GUCDA) and including major trade bodies such as Recycling Europe and SMART, the...0 Commentarios 0 Acciones 366 Views 0 Vista previa
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India – Russia Business Forum Charts New Path For Stronger Textile Trade TiesUnion Minister of Commerce & Industry, Piyush Goyal, placed a strong spotlight on the textile sector as a priority area for India–Russia cooperation, during the India–Russia Business Forum held in New Delhi. Confirming that Russia has always been ‘India’s Sukh Dukh Ka Saathi,’ he highlighted that textiles, along with automobiles, electronics and machinery...0 Commentarios 0 Acciones 759 Views 0 Vista previa
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India And Afghanistan discuss ways to boost textile tradeSynopsis India and Afghanistan are exploring ways to boost textile trade, with Kabul seeking to leverage India's expertise as a major cotton producer. Discussions focused on strengthening Afghanistan's textile sector, creating jobs, and enhancing farmer training. India is already a significant supplier of textiles and apparel to Afghanistan. India and Afghanistan on Monday discussed ways to...0 Commentarios 0 Acciones 429 Views 0 Vista previa
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India–GCC FTA Talks Open New Opportunities For Textile TradeIndia and the Gulf Cooperation Council (GCC) have formally launched negotiations for a comprehensive Free Trade Agreement (FTA), a move expected to significantly enhance prospects for India’s textile and apparel sector. The negotiations were initiated following the signing of a joint statement in New Delhi by Union Commerce and Industry Minister Piyush Goyal and GCC Secretary General...0 Commentarios 0 Acciones 377 Views 0 Vista previa
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India–New Zealand FTA Set For Signing; Textile Trade Gains In FocusNew Zealand and India are set to formally sign their long-awaited Free Trade Agreement (FTA) on April 27 in New Delhi, marking a significant step forward in bilateral trade ties, with notable implications for the textile and apparel sectors. Confirming the development, Trade and Investment Minister Todd McClay said the agreement has completed legal verification and will unlock access to...0 Commentarios 0 Acciones 548 Views 0 Vista previa
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India–New Zealand FTA Unlocks Duty-Free Access, Boosts Textile and Apparel TradeIndia and New Zealand have signed their long-awaited Free Trade Agreement (FTA), which will remove tariffs on 100% of India’s exports to New Zealand and either eliminate tariffs on 95% of imports from New Zealand, while also granting duty-free access to 8,284 Indian export items. The pact is also expected to bring a projected US$20 billion investment pipeline, along with an annual...0 Commentarios 0 Acciones 511 Views 0 Vista previa
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India’s Textile Sector Urges Fairer ASEAN Trade Terms: Exim BankIndia’s textile industry is calling for a review of the ASEAN-India Trade in Goods Agreement (AITIGA), citing trade imbalances and limited market access as key concerns, according to a recent report by India Exim Bank. While India has taken a cautious stance on free trade agreements, its commerce with major ASEAN economies like Indonesia, Thailand, and Malaysia has grown significantly....0 Commentarios 0 Acciones 473 Views 0 Vista previa
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India-Italy Partnership Opens New Textile Trade OpportunitiesIndia and Italy are looking to deepen cooperation across textiles, manufacturing and sustainable industrial development as the two countries strengthen their strategic partnership under the evolving Indo-Mediterranean economic framework. Textiles have emerged as a key focus area in the growing India-Italy trade relationship, alongside sectors such as machinery, clean technologies, automotive...0 Commentarios 0 Acciones 92 Views 0 Vista previa
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India-US trade pact opens dollar 118 bn textile market for Indian exportsIndia-US agreement reduces tariffs, unlocking a $118 billion textile market, boosting exports and strengthening India's global textile trade position The landmark trade agreement between India and the US is set to open up America's $ 118 billion global imports market of textiles, apparels and made ups, a "major opportunity" for India's textile industry, the government said on Saturday. Notably,...0 Commentarios 0 Acciones 585 Views 0 Vista previa
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India-US Trade Pact: What’s At Stake For Textile GiantsAll eyes are on a high-stakes trade deal between India and the United States that involves thousands of crores in textile exports, with far-reaching implications in the labour industry. At the centre of the negotiations is a 26% tariff that Indian textile firms currently face while exporting to the US, a market that makes up 28% of India’s textile exports. If India manages to bring this...0 Commentarios 0 Acciones 442 Views 0 Vista previa
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Trade route shifts may affect 45 per cent of textile-apparel valueThe report highlighted that between 2017 and 2024, China’s share of US textile and apparel imports declined by 14 percentage points. Apparel and textile supply chains have become increasingly vulnerable to shifting trade dynamics, with nearly 45 per cent of the sector’s trade value exposed to potential disruption from changes in trade corridors, according to a report by McKinsey...0 Commentarios 0 Acciones 325 Views 0 Vista previa
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India Calls for Fair Cotton Trade at WTOIn a significant move, India has called upon the World Trade Organization (WTO) to address the prevailing asymmetries in the global cotton sector. This appeal comes as a part of India’s fair cotton trade efforts to advocate for equitable trade practices that benefit its cotton farmers, who have been facing numerous challenges due to fluctuating market prices, unfair competition, and the...0 Commentarios 0 Acciones 587 Views 0 Vista previa
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Responsive Policymaking for Trade PushIndia’s textile industry finds itself at a defining juncture, shaped by a mix of strategic trade measures, evolving international alliances, and pressing domestic policy concerns. The government’s recent decision to limit textile imports from Bangladesh to only two seaports—Kolkata and Nhava Sheva—has created a ripple effect in the garment...0 Commentarios 0 Acciones 257 Views 0 Vista previa
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West Asia Conflict Disrupts Surat Textile Trade, Shipping Costs Surge 400%The ongoing conflict in West Asia is beginning to affect India’s textile trade, with manufacturers in Surat raising concerns over soaring shipping costs, delayed payments and rising raw material prices. Industry leaders say shipping costs for consignments have risen by as much as 400%, while prices of man-made fibre — a key raw material for synthetic textiles — have increased...0 Commentarios 0 Acciones 313 Views 0 Vista previa
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West Asia Tensions and the Ripple Effect on India's Textile TradeIndia's textile and apparel sector has rarely had a quiet year. Between policy shocks, shifting trade agreements and the perpetual pressure of global competition, exporters have learned to build resilience into their operations. Yet the escalating conflict in West Asia since early 2026 has introduced a set of pressures that are harder to plan around. These disruptions are not isolated events....0 Commentarios 0 Acciones 288 Views 0 Vista previa
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