The garment exporter delivered quietly when the entire sector was facing the US tariff impact
Exporters say that international brands are increasingly probing environmental, social and labour safeguards while placing orders, and labour code clarity could eventually strengthen India’s credibility with ESG-focused foreign buyers.
While the Codes overhaul 29 separate laws into a single structure, their provisions carry specific implications for mine workers, employees in hazardous environments, and textile-sector labourers, including migrants.
We will soon be mounting delegations of Indian seafood exporters to Singapore and the UAE. Besides, Latin America and the Gulf region have huge potential for our products, Union minister for commerce and industry Piyush Goyal said.
The rate cut should lower procurement costs, improve cost efficiency, and enhance operating margins
Comprehensive business model offering multi-country, multi-product solutions may reduce the impact of tariffs
The Advance Authorisation Scheme allows duty-free imports of inputs for use in physical exports, without the mandatory requirement of compliance with QCOs for such imports.
Move aims to fix duty inversion, rationalise rates across the value chain – from cotton to garments – to reduce compliance burden and attract investments
Finance and textiles secretaries to chair meeting with managing directors of SBI, PNB, BoB and others to focus on green financing, MSME credit ratings and subsidy bottlenecks
Comprehensive business model offering multi-country, multi-product solutions to global retailers
When asked if US President Donald Trump's threatened tariffs may affect India's textile industry, Singh said, 'Every third or fourth bedsheet and towel in US is made in India.'
Stocks of textile majors including Vardhman Textiles, Welspun Living, Arvind, and Raymond Lifestyles among others gained ground and closed in positive territory. While Welspun Living gained nearly 12 percent, Raymond Lifestyle was up more than six percent on Wednesday.
Key Indian export sectors to benefit are, textiles, leather, footwear, marine products, gems & jewellery, auto parts, engineering goods, and organic chemicals.
At 59, Gautam Singhania is taking a pragmatic view of succession, balancing professional management with his daughters' dreams even as he lays the foundation of a trusted, enduring Raymond for the next generation
A growing worry within the textile industry is also about consumption declining in America due to higher prices of imported products which would directly impact India's export growth despite having a competitive edge on tariffs over other countries.
The levies have hit small and medium Indian shipments of textiles, carpets, automobile parts, marine products, furniture, and steel and aluminium particularly hard, nearly a dozen Indian exporters, companies and port operators told Moneycontrol.
Policy uncertainty will remain elevated and enterprises are likely to delay discretionary spending till clarity emerges
Pearl Global corrected by 37% in one month following Trump’s reciprocal tariffs
The GoM may propose GST relief for products priced up to Rs 1,500, aligning with the Union Budget’s focus on boosting demand.
Indian textile stocks surged despite the U.S. imposing 26 percent tariffs on imports from India, as the sector is more competitive than China, Vietnam, and Bangladesh.
Political unrest in Bangladesh throws up significant opportunities
Bharat Tex 2025 will elevate India's textile industry through innovation, sustainability, and global collaborations. Featuring exhibitions, seminars, and cutting-edge technology, the event aims to position India as a global textile leader and boost its $5 trillion economy ambition.
An ongoing political crisis in neighbouring Bangladesh has prompted global retailers to explore alternatives, including India, for garment imports, exporters told Reuters
Textiles minister Giriraj Singh had said in 2024 that the government was considering extending the PLI scheme for textiles to garments to boost manufacturing and exports
The GoM is likely to submit its recommendations later this month, with the GST Council slated to discuss these in its November meeting