Category: News

India’s apparel industry could see export orders increase by 10% to 20% over the next 18 months, according to industry representatives, as global buyers continue to expand sourcing options across manufacturing markets.  Industry representatives said recent disruptions affecting Bangladesh’s apparel sector have prompted several global buyers to review sourcing allocations, potentially creating additional export opportunities for manufacturers in other production markets.   Industry…

Rating agency projects apparel sector recovery in FY2027 as trade conditions improve  The outlook for India’s apparel export sector has been restored to “stable” by ratings agency ICRA following recent reductions in US tariffs on Indian imports. According to ICRA, the reduction in reciprocal tariff from 25% to 18%, along with the removal of an additional 25% ad…

Industry bodies say temporary exemption could improve cotton availability, moderate input costs, and support export growth.   The Government of India has suspended the 11% customs duty on cotton imports until October 30, 2026, a move welcomed by textile and apparel industry bodies as they seek to strengthen export competitiveness and improve raw material availability.   The exemption, effective from June 1 2026,…

New credit guarantee framework aims to assist MSMEs, and non-MSMEs and airlines sector with additional working capital access  The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 with an outlay of Rs. 18,100 crores to provide additional credit support subject to terms and conditions. This scheme is designed to be a liquidity-support and credit-access measure introduced in response to external…

Government extends RoSCTL and RODTEP benefits for textile exporters until September 2026  The Ministry of Textiles has extended the Rebate of State and Central Taxes and Levies (RoSCTL) Scheme for exports of apparel, garments and made-ups until 30 September 2026, or until approval under the 16th Finance Commission cycle, whichever is earlier. The extension has been notified without any changes to the existing scheme…

India’s first operational PM MITRA Park has commenced operations in Warangal, Telangana, under the Government’s textile infrastructure development programme. The facility was inaugurated on May 10 and forms part of the Ministry of Textiles’ PM MITRA initiative which aims to expand textile manufacturing infrastructure across key production regions in India.    Developed at a project cost of Rs. 1,695.54 crore, the 1,327-acre facility has been designed to support textile manufacturing activities…

Coimbatore & Tiruppur together contribute nearly 55% of India’s knitwear export, Textile Commissioner Vrunda Manohar Desai confirmed during a recent session with textile associations and stakeholders in Coimbatore.    Tamil Nadu Textile Commissioner R Lalitha attended alongside textile association representatives from the Coimbatore and Tiruppur regions. Export sustainability, recycling initiatives, subsidy-related matters, and textile import developments were on the agenda.   Export Contribution and Industry Employment In her address to stakeholders, Desai put knitwear…