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Fortnightly Bulletin News News
January 2026
- China tariff cuts to benefit strategic fibres & textiles, not apparel
- Indian economy to grow 6.9% in FY27 amid global headwinds: Ind-Ra
- Economic growth in FY26 estimated at 7.4%
- Customs, CGST shortfall to derail FY26 indirect tax target
- AEPC calls for increasing the cap limit for interest subvention scheme
- Apparel exporters hanging by a thread amid new tariff threats
- Spain, Germany, Belgium, Poland emerging as key export destinations for India within EU
- UK & EU apparel brands begin sourcing talks with Indian companies
- Textiles & apparel exports fall in first three quarters of FY26
- December trade deficit widens as imports surge 8.8%, export growth modest at 1.86%
- India’s textiles sector attracts over ₹60,000 crore investment in 2025
- Govt rolls out ₹7.3k crore schemes to boost MSME financing over six years
- Cotton prices firm up after import duty exemption ends
- Bangladesh textile industry lobbies for safeguard tariff on Indian cotton yarn imports
- India’s cotton trade body sees crop output a tad higher
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December 2025
- China likely case 5% GDP growth in 2026
- OECD revises up Vietnam's 2026 growth forecast to 6.2%, 5.8% in 2027
- Global trade expected to grow about 7% in 2025
- Despite US tariff, merchandise exports at 10-year high; trade deficit sees sharp drop in November
- UK’s apparel imports ease to $2.4 bn in Jan-Oct 2025
- China‘s economy stalls in Nov 2025
- US' textile & apparel import volume increases 2.5% in Jan-Sept
- Bangladesh textile mills seek action against dumping of yarn by India
- Fitch ups India's FY26 GDP growth forecast to 7.4% on GST reforms
- The Government remains committed to the growth of MSMEs
- ADB lifts India’s growth forecast for FY2026 by 70 bps to 7.2%
- Advance tax growth slows to 4.3% at the end of 3rd instalment
- India may record 7% growth in FY26 says Gita Gopinath
- After rate cuts, GST mop-up rises a modest 0.7% in Nov
- Debt reduction central to fiscal policy from FY27, says FM
- Union Budget 2026: India mulls barriers to cut import dependence, narrow trade gap
- Export promotion measures launched to offset tariffs
- Goods exports growth in November greater than the decline in October: Goyal
- India among nations hit as Mexico raises import duties up to 50%
- India-Russia trade ties: Official says 300 products hold huge potential for Indian exporters
- Strong 19.4% export growth in November ‘evens out’ dip in October
- Exports grow fastest in nearly 3.5 years
- India, Oman sign Comprehensive Economic Partnership Agreement
- 0% duty on 100% exports: India secures NZ trade deal
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November 2025
- China exempts US technical textiles from extra duty for one year
- US tariffs: Tiruppur units lose orders worth Rs.12000cr. but no job cut yet
- Italian apparel retail sales drop 5.2% YoY in Sept
- Woven garments outpace knits in Bangladesh export growth in Jul-Oct
- US tariffs hit key labour-intensive exports from India in Oct
- Textile industry seeks policy support as US tariffs trigger export downturn
- US' textile & apparel import volume increases 4.5% in Jan-Aug
- Global goods trade slows as tariff front running ends, WTO says
- India's FY26 growth to be above 6.8% driven by GST, tax relief: CEA
- India’s GDP likely grew 7.2% in Q2; consumption, private consumption key driver: Ind-Ra report
- S&P Global retains India’s GDP growth forecast at 6.5% for FY 26
- Fin Min pegs Q2 growth at 7–7.5%, backed by stable macros, strong domestic demand
- India’s Q2 GDP surges 8.2%; full-year growth to stay above 7%, says CEA
- GST collections dip in 20 of 36 states and Union Territories in October
- Pre–Budget meet: NBFCs seek refinancing support, Tax relief
- Govt approves Rs 305 crore scheme to promote research, innovation in textiles
- Exporters seek interest relief, faster GST refunds
- Customs allows post-clearance revisions - of course, conditions apply
- Govt approves Export Promotion Mission with outlay of ₹25,060 crore for six years
- Export subsidies will help but we should aim to be globally competitive
- Global trade slowdown may expose India's export vulnerability: GTRI
- Tariffs batter India's exports to US; GTRI suggests rolling out Export Promotion Mission
- India's textile exports to 111 countries record 10 pc growth during Apr-Sept: Govt
- Textile major Arvind charts plan to meet EU recycle fibre regulations
- India approves 17 new applicants under PLI Scheme for textiles
- Industry bodies seek relief measures as India's textile exports fall 12.9% in Oct on US tariffs
- Textile exporters see higher wage bills, compliance costs
- Maharashtra farmers demand relaxation in cotton procurement norms
- Global cotton trade down as Chinese imports slump 65% in 2024-25: ICAC
- Global cotton prices soften in the past month as key benchmarks slip
- Cotton shipments surge as Brazil heads for historic 2025 high
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October 2025
- Leveraging trade deals for textile sector: Can UK FTA ease US tariff pain?
- WTO downgrades global trade growth forecast to 0.5% for 2026 from 1.8%
- Vietnam’s textile & garment exports grow 8.6% in Jan - Sept
- China’s Exports to US drop in September, while global shipment growth hits a 6 month high
- Japan’s textile trade shows strong apparel demand, weak yarn imports
- 36 apparel factories in Bangladesh earn LEED certifications in 2025
- ADB cuts Cambodia's growth outlook to 4.9% in 2025, 5% in 2026
- India can grow at 7.8%: RBI guv
- World Bank ups India’s FY26 GDP growth forecast to 6.5%
- IMF projects Indian economy to grow at 6.6% in 2025-26, outpacing China
- Govt extends export benefits under RoDTEP scheme till March 2026
- Five states contribute over 40% of GST revenues in April–September FY26
- GST refunds rise 40%; receipts up 5%
- Net direct tax mop-up rises 6% to Rs.11.89 lakh cr in April–Oct
- GST reforms to raise India's apparel retail sector's revenue growth
- GST reforms expected to outweigh US tariff impact on demand for Indian goods, says IMF
- DGFT allows self-declaration of origin under India–EFTA trade pact
- Govt sets up panel to review export rebate rates under RoDTEP, RoSCTL schemes
- India’s apparel exports drop 14.8% in Q2 FY26 as global demand weakens
- Exports post growth in 24 nations in Apr–Sep, show market diversification
- Textile exporters soar on optimism over India-US trade breakthrough
- Indian garment exporters reel under US tariffs
- Indian exporters likely to gain from US-China trade war escalation: Experts
- Commerce Ministry relaxes compliances for exporters while export promotion mission awaits rollout
- Textile PLI Scheme 2.0 to hugely benefit MSMEs: CIT
- Govt extends deadline for PLI scheme for textile applications till Dec 31
- Russia, India agree to further strengthen textile sector cooperation
- Indian textile exporters turn to Europe, offer discounts to offset US tariffs
- Textile export see up to 50% drop in US business: Survey
- India plans cost roadmap to regain textile edge over Bangladesh, Vietnam, China
- World Cotton Day. Last chance for India’s cotton farmers
- Yarn prices steady despite cheaper cotton in north India
- Cotton output may range between 312 and 335 lakh bales of 170 kg each, despite dip in area
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September 2025
- US’ textile & apparel imports up 2.8% in Jan-July 2025; growth slows
- US tariff hit: Kolkata leather units eye UK, EU markets
- New EU EPR rules shake up global textile industry
- Japan’s clothing imports dip to $2.37 bn in Aug; textile trade slows
- FTA may boost Bangladesh’s growth in Singapore garment market
- High-level delegation visits UK to deepen textile trade, leverage CEPA
- Tariff uncertainty expected to slow global economic growth this year
- India‘s GDP at risk from tariffs: CEA
- India‘s CAD could exceed 1% of FY26 GDP as external risks intensify
- Fitch ups India FY26 GDP forecast to 6.9% from 6.5% on domestic demand
- ADB lowers India’s FY26 growth forecast to 6.5% on US tariffs
- GST 2.0: Double dose for growth, says PM
- Call to bring down 18% GST rates on apparel sector
- Lower GST to lift India’s economy higher: FM
- India's net GST kitty increases 10.7% to ₹1.67 trillion in August
- India, EU start latest round of FTA talks
- RBI expected to hold policy rate, but surprise cut possible
- Centre extends RoDTEP export incentive scheme until March 2026
- US tariffs bring back into focus India’s market distortions; exporters plan workarounds, relocation strategies
- India trails Vietnam and Bangladesh in US textile import growth
- India's textile exports to US jumped 9% in July on pre-tariff rush
- EU relief to India on CBAM; exporters to benefit
- Tirupur weaves a new synthetic future, eyes ₹25,000 cr exports by 2030
- RMG exports down by 2.6% in Aug’25 over Aug’24
- Exporters to get 90% upfront refund only after GST law change
- Nirmala Sitharaman assures support to the textile industry
- Tamil Nadu bags investment proposals in defence, RE, and textiles from UK
- India's DGTR recommends ADD on MEG; yarn industry opposes move
- Reduce GST on all readymade, made-ups to 5%: TG textile trade body
- Rate cuts, discounts spur Indian demand for Cotton Corporation of India stocks
- Cotton carry forward stock projected at 5-year high for 2025-26
- India seeks WTO consultations with Indonesia over proposed duty on cotton fabric
- Cotton import duty cuts: The farms versus firms debate
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August 2025
- Trump’s 25% tariff hit triggers layoff warning from exporters
- Sri Lanka's garment exports rise 8.9% to $2.4 bn in Jan-Jun 2025
- Tariffs may cripple 80% of India’s apparel exporters
- Bangladesh’s US garment exports surge in H1, led by trousers & shorts
- Vietnamese textile-garment industry's 2025 export target $47-48bn
- China’s dominance in Australia’s apparel imports shows decline
- US tariff impact: India's FY26 GDP growth likely to take 60-bp hit
- In a big surprise, GDP grows at a five–quarter high 7.8% in Q1
- GDP Growth May take 30–80 bps Hits
- Net GST Revenue up 1.7% in July; refunds surge
- Govt withdraws Income Tax Bill
- Commerce, industry min mulls further FDI regime easing, more tax benefits for start-ups: Official
- GST reform will help exporters
- GST cuts to come into effect mid–September
- All food & Textile items may be moved into 5% GST slab
- Textile sector urges govt to scrap 11% cotton import duty
- Arvind sees garment exports UK doubling by Rs.400 post signing of free trade deal with UK
- Centre wants states to support exporters hit by Trump tariff
- India looking for new export markets as US bargains hard
- More nations in focus under exports rejig plan
- India accepts global standards certificate for organic textile exports
- Exports to 8 of top 20 hubs decline in April-July, shows govt data
- India's textile & apparel exports grow 3.8% to $12 bn in April-July
- Exports of major textile commodities rise 5.37 pc in Jul despite global uncertainties: Govt
- Goods Exports to China Rise 20% to $5.8 B during Apr–Jul
- Russia must import more pharma, agri, textiles from India to address ballooning deficit: Jaishankar
- Amid tariffs, banks step up scrutiny on risk exposure to export credit
- India's first counter to Donald Trump's tariffs: Textile exports to be pushed; 40 countries in focus amidst 50% duties
- Govt considering support measures worth ₹25,000 cr for exporters for 6 years under EPM
- India holds competitive edge over its peers in textile exports
- Textile ministry to meet industry players next week
- Textile industry bats for quick rollout of export incentives
- Textile Cos may Move US Orders Overseas
- Textiles PLI Scheme reopened
- Gujarat issues new guidelines under Textile Policy 2024
- Ludhiana textile units on the edge as US buyers develop cold feet
- Readymade garment industry growth to halve to 3-5 pc in FY 26 on US tariff headwinds: Report
- Textile industry seeks special focus on processing segment
- New cotton crop arrivals may start early in South
- Cotton imports to touch record 39 lakh bales in 2024-25 on low global prices, says CAI
- Govt scraps duty on cotton imports till Sept 30 amid US tariffs pressure
- Cotton duty cuts a boon for industry
- USDA projects India‘s 2025-26 cotton output flat at 31.4 million bales
- Govt extends import duty exemption on cotton till December 31; Vardhman Textiles, Gokaldas Exports' shares fall
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July 2025
- US-Vietnam trade deal: Trump announces 20% import tariff, market access
- Apparel export defy global headwinds
- Trump threatens 10% tariff for ‘Anti-American’ BRICS alignment
- US extends suspension of reciprocal tariffs to Aug 1; relief to Indian exporters
- Bangladesh: Textile millers delay release of imported cotton over 2pc AIT
- US tariff structure may give India edge over China, Canada, Mexico: NITI Aayog
- World trade up 5.3% in Jan – March ahead of US tariffs: WTO
- Japanese firms keen to invest in India's textiles sector: AEPC
- US’ textile & apparel import volume rises 6.59% in Jan–May 2025
- Dim Prospects for India-US deal to beat reciprocal tariffs on Aug 1
- PM Modi departs for UK to finalise historic Free Trade Agreement
- India's trade deficit narrows to $18.78 billion in June
- India's Economy to Grow Over 6.5% in FY26: RBI
- ADB cuts India‘s FY 26 growth forecast to 6.5%
- States likely lifted Q1 FY 26 capex 30% amid slowdown
- Growth in GST collections moderates to 6% in June
- Net GST receipt growth slipped to 3.3%
- CBIC may free up importers' IGST credits to address payment issues
- Net direct tax collections dip 1.34% to Rs 5.63 lakh crore during April 1-July 10
- Textile industry seeks uniform GST rate
- India's exports to US rise 23%, imports dip 10% in June
- Technical textiles exports up 15%
- India's export outlook at risk from US tariffs and global slowdown, says finance ministry
- Textile machinery sales reflect China's confidence, long term planning
- PLI for textile catalyses investments of Rs 7,343 crore
- CIBIL-style score, green fund in works to meet textile sector's credit needs
- India-UK FTA is a boon to Indian textile industry
- Govt to discuss on allowing next generation Bt Cotton
- CCI sold over 67 lakh bales of cotton till July 11
- India set to overtake China to become largest cotton producer by 2034
- Cotton‘s growth hit by cheaper fibres
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June 2025
- Trade deals with US, EU and UK could boost India’s textile industry
- Bangladesh: Apparel owners fear Iran-Israel war fallout on exports
- US intervention in Israel-Iran war increases risks for India’s export-import
- OECD pegs FY26 India Growth at 6.3%
- In growth push, RBI cuts repo rate by 50 bps to 5.5%, slashes CRR by 100 bps
- India's economy maintains growth momentum despite global uncertainties: Care Edge
- S&P raises India’s FY26 GDP growth estimates to 6.5%
- GST filing to be blocked after 3 years starting July 2025: New filing rules
- Commerce Ministry to hold stakeholders’ meeting on impact of Israel-Iran conflict
- Gokaldas Exports considers acquisition of BRFL Textile to strengthen fabric sourcing
- India's goods, services exports may cross $900 billion this year:Piyush Goya
- Source from India' feature on Trade Connect e Platform made available for all status holder exporters
- India's exports show steady growth from 2010 to 2023
- Strong growth in readymade garment exports in May
- Record export orders, strong demand pushes India’s PMI to 14-month high in June
- EUDR, e-comm for exports discussed at first textile task force meet
- Textile ministry offers draft Roadmap 2047 for sustainable, circular, and resource-efficient Indian Textile Industry
- Government urged to address structural issues faced by textile/apparel sector
- Centre defers QCO on textile machinery to 2026
- Centre provides US $2.51 billion in PLI incentives; MMF, technical textiles grow
- India's textile sector may gain edge as Vietnam deals with labour costs, Bangladesh faces political instability: Report
- India becomes go-to apparel hub as buyers ditch China, Bangladesh
- Long-term prospects of India's textile industry seem strong: Report
- Piyush Goyal assures to protect interest of textiles sector in trade pact with US: AEPC
- CCI buys 100 lakh bales cotton at minimum support price
- Indian cotton acreage likely to increase despite setbacks in some pockets
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May 2025
- US has ‘potential deals with South Korea, Japan and India, says Donald Trump
- Piyush Goyal to lead trade delegation to Japan to boost opportunities
- China hints at possible US thaw after tariff hikes
- UK FTA to boost Indian apparel, leather exports vs Bangladesh, Vietnam: Exporters
- US-China tariff cuts may hit Indian export edge, say exporters
- Bangladesh port curbs may shift Rs 1,000 crore textile trade to Indian manufacturers & curb Chinese fabric backdoor
- UK FTA: Textiles exports to pip Pak, Turkiye
- China cuts key rates as economy struggles
- S & P Global cuts FY26 growth forecast to 6.3%
- India’s Q4 GDP Growth Projected At 6.8%, Backed By Strong Consumption: Report
- India's Q4 FY25 GDP growth likely to accelerate to 7.0%: UBI report
- Growth rate of 6.3 – 6.8% for FY26 is a reasonable prospect: CEA
- Maharashtra targets $5 trillion economy by 2047, $1 trillion by 2030: CM Fadnavis
- RBI’s Rs 2.69 lakh cr dividend to ease fiscal deficit by 20 bps; experts maintain 4.4% of GDP target
- April GST mop–up surges to record Rs.2.36 lakh crore amid robust growth
- RBI may significantly cut FY26 inflation forecast
- Tax refund scheme for exports extended to EoUs, SEZ units
- CBDT gears up for implementation of new Income –Tax Bill, plans work force training
- Commerce Ministry seeks views of exporters on proposed schemes under export promotion mission
- Garment import curbs likely to make Bangladesh exports to India costlier: Textile Industry
- Garment makers gain, FMCG unaffected, infra projected face delays
- India’s MMF & blended yarn markets see mixed trends, FDY yarn up
- Auto to textiles, India Inc. hopes to reap benefits
- Textile firm Arvind warns US tariffs could hit margins in fiscal year 2026
- Textile mills in Tamil Nadu hope for sustained improvement in demand
- India's cotton yarn industry set for 7-9% revenue growth driven by export rebound and domestic demand
- Cotton off take estimated 2% lower as mills prefer man-made fibres
- Cotton area may shrink as farmers eye alternative crops
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April 2025
- US trade deficit shrinks in February on export boost
- China hits back with 34% tariff on US goods after Trump's trade salvo
- China's 125% tariff counter to Trump's 145% levy, vows to 'fight till end'
- Bangladesh restricts import of yarn from India by land
- TN’s Pallipalayam hit by trade war as China dumps viscose spun yarn
- ADB revises India's FY26 growth forecast to 6.7% amid US tariff risks
- Moody’s cuts India growth forecast to 6.1% for 2025
- IMF cuts India’s growth forecast for FY26 to 6.2% maintains stable outlook
- NBFCs’ credit growth may slow to 13-15% in 2025-26: ICRA
- RBI Slashed rate, shifts stance
- Exporters flag concerns of dumping from China
- Little relief to textile exporters
- US tariffs on India: Piyush Goyal to meet exporters on April 9
- Rising export dependence on US raises risk from Trump’s tariffs
- Government lists exporters' feedback: US 2nd biggest source of curbs
- Exporters flag concerns of dumping from China
- Exporters flag concerns of dumping from China
- Tirupur expects 25% jump in exports in FY26 from China, Bangladesh diversification
- TN tops in textile exports again in FY 25
- Flat exports, high imports widen trade deficit to $21.54 in March
- Textiles secy assures financial support to handloom weavers
- India threads trade advantage as tariffs fray textile majors
- Madhya Pradesh gets approval for Rs 2,100 crore PM MITRA textile park project
- Cotton Purchase at MSP to touches 1cr bales
- Cotton imports poised to double to 33 lakh bales
- Cotton May Lose ground to Maize in Central India this Kharif Season
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March 2025
- China ramps up stimulus to guard economy, sets 5% growth target
- US tariff war with Mexico Canada could benefit India’s textile industry
- India needs 7.8%growth for 22yrs to be high-income by’47: World Bank
- Growth in net sales of FDI firms moderated to 9.3% in FY24: RBI
- GDP growth to cross6.5% in FY 26, says Moody’s
- Fiscal deficit at 85.8% of RE in Apr.- Feb
- IMF asks Indian banks to adopt global norms for credit risk management.
- Govt faces uphill in meeting capex estimates in FY25
- Maharashtra Budget 2025-26: rising deficits, slower revenue growth cause concern
- Digital tax on online ads to go from April 1
- RBI‘s board assesses global, domestic economic landscape
- New orders slow, Feb–March exports may see contraction
- Services exports may surpass merchandise shipments in FY 26
- Exports till Feb5 from SEZs, EOUs eligible RoDTEP scheme benefits
- Textile, apparel units seek zero –duty trade
- Expand PLI scheme to labour sectors: House panel to govt
- CCI begins sale of 2024-25 cotton; mills turn selective in buying quality produce
- Cotton panel pares output for 2024-2025
- Cotton outlook bearish on higher output, low offtake
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February 2025
- Govt weighing “full impact” of US tariffs on China
- As China loses apparel market share in EU and US, India gains
- At Rs.9.14 lakh cr, fiscal deficit for April –Dec at 56.7% of BE
- Govt Plans to reduce debt to GDP ratio to 47.5 -52% by FY 31
- Economy expected to grow 6.4% in Q3: Icra
- Growth in 2025 to ease to 6.4%, says Moody’s
- FM hits at GST slab reduction
- Budget with a governance focus
- Tax relief Move has reduced demand uncertainty: CEA
- Govt, RBI will work together for growth: FM
- Net direct tax collection rises 14.7% to 17.8 trn
- RBI MPC Meeting 2025 Highlights: RBI cuts repo rate to 6.25% after 2 years, cites slowing growth and easing inflation
- Govt shelves new PLIS; fresh incentive schemes in the works for some sectors
- May increase outlay for Rs.2250crore export promotion mission if needed
- Gujarat govt presents Rs 3.70 trillion Budget, no new tax proposed
- Lower policy rate appropriate at current Juncture: Governor
- Export mission to end woes of MSMES: DGFT
- Import duty cuts to benefit American exports to India
- Schemes under export mission in the works
- Apparel exports to Spain grew 19.7% in April-January
- ‘Enhancing investment, turnover limits for MSME a boost to textile industry
- PM: Hopeful of achieving Rs9 lakh- cr textile exports before 2030 deadline
- Cotton output may gain from higher yield in central and southern parts
- CCI buys 86 lakh bales of cotton as trader stay away
- Cotton association cuts crop estimate on lower output in Punjab, Gujarat