Textile Industry

To double apparel exports to Europe from $5.5 billion to over $11 billion in five years

The government has further extended the deadline for submission of fresh applications under the Production Linked Incentive (PLI) Scheme for Textiles till March 31. The extension follows the significant response received since the application portal was reopened in August 2025, with proposals being submitted by textile companies across priority areas, including man-made fibre (MMF) apparel, MMF fabrics, and technical textiles, the textile ministry stated. In October, the government had extended the last date for filing fresh applications under the PLI scheme for the textiles sector till December 31, which has now been further extended till March this year. "The decision underscores the growing investor confidence in India's textile sector and aims to facilitate wider participation by offering additional time to eligible applicants," the ministry said. PLI Scheme for Textiles was notified on September 24, 2021 with an objective to promote production of MMF apparel & fabrics and ...

India's textile sector says new labour codes will strengthen compliance with due-diligence norms and enhance global competitiveness

The US is India's biggest market for textiles and apparel. In 2024-25, the sector was valued at about $179 billion, including a $142 billion domestic market and $37 billion in exports

The directive, which came into effect on November 12, aims to improve raw material availability for downstream industries

Vardhman Textiles reported a 5 per cent decline in its consolidated net profit to ₹187.74 in Q2FY26 crore compared to ₹197.29 crore in the year-ago period

The EU is India's largest trading partner for goods, with two-way trade of $137.5 billion in the fiscal year to March 2024, for an increase of nearly 90 per cent over the past decade

According to the respondents, buyers in US are asking for up to 30 per cent discounts

The textile hub embraces man-made fibres, aiming for ₹25,000 crore worth of exports by 2030, even as it struggles with ecosystem gaps and fierce competition. Shine Jacob's ground report

US tariff hikes choke Indian exports; apparel, textiles, auto parts and gems face slowdown as workers in NCR clusters fear job losses

The new GST changes provide relief to textile MSMEs and consumers but could lead to higher prices for garments above Rs 2,500. Industry experts call for a relook at the pricing thresholds

Tamil Nadu urges higher export incentives and faster EU trade deal as duty-free cotton imports extended till Dec 31, while farmers complain of falling domestic cotton prices due to cheap US supplies

Tamil Nadu and industry bodies urge higher export incentives, faster EU trade deal and wider market access as US tariff hits Tiruppur's exports; Centre extends cotton relief till December 31

CITI has urged the government to extend immediate fiscal support to textile exporters hit by US tariffs, warning of risks to jobs, forex earnings and export targets

The final report in the series gauges Ludhiana's industrial pulse as 50% US tariff looms

Unless the country can leverage its raw material advantage and new trade deals

The first in a series on the impact of 50% US tariff on Indian goods explores how the textile sector stands on edge, yet stitches prospects in the EU and UK

Govt reopens PLI scheme for MMF and technical textiles to attract new applicants after lukewarm response and as US tariffs threaten labour-intensive sectors

Retail giants like Walmart, Amazon, and H&M ask Indian suppliers to hold shipments as the US raises textile and apparel import duties to 50 per cent

Domestic export sectors such as leather, footwear, textiles and shrimp will be hit hard by the imposition of the 25 per cent tariff by the US, industry experts say. "Quick estimates suggest that India's goods exports in FY 2026 may come down by 30 per cent from USD 86.5 billion in FY 2025 to USD 60.6 billion in FY 2026," GTRI Founder Ajay Srivastava said. The duty, announced this week, will come into force from August 7 (9.30 am IST). These will be over and above the exiting standard import duty in the US. The 25 per cent tariff will replace the existing 10 per cent baseline tariff. The modified tariff is one per cent less than the 26 per cent levy announced by President Donald Trump on April 2. A White House executive order mentions that tariffs may be reduced once countries make a deal with the US. The executive order also clarifies that goods in transit until October 5, 12:01 am eastern daylight time (EDT), or 09:30 am IST, will be subject to a 10 per cent tariff, provided that