Textiles

The Rs 20,000-crore Credit Guarantee Scheme will ease access to bank finance for exporters but may not offer any relief for existing NPAs.

Small textile exporters face NPA risk as Trump tariffs cause order cancellations, payment delays

Liquidity pressure is mounting on certain MSME exporters, with increasing calls for a moratorium on payment of dues to banks as well as government-backed credit support.

FTA delayed, India to expand preferential trade agreement with Brazil-led Mercosur: Govt officials

Currently, the preferential trade agreement (PTA) with the Mercosur trade bloc covers about 450 tariff lines. Talks are on to expand the PTA further to cover more items across agriculture, industrial goods, pharmaceuticals, and textiles, government officials told Moneycontrol.

Trump tariffs dented India’s labour-intensive exports in September, but marine shipment defied odds

Unsurprisingly, exports of electronic goods, unaffected by Trump’s steeper tariffs, grew a massive 50.5 percent on-year to $3.1 billion last month, nearly double the growth registered in August.

India, Qatar aim to double bilateral trade to $30 billion by 2030: Piyush Goyal

The commerce minister also stated that a trade deal with Qatar could be finalised by mid next year or the third quarter of 2026

India’s exports to US slowed in August as Trump’s tariffs weigh

Economists point out that since the additional penalty of 25 percent was imposed by the US from August 27, the impact of tariffs will be more pronounced in the trade figures for September.

Export Promotion Mission likely to run till 2031 with higher allocation

Inter-ministerial consultations on the scheme have been concluded, and the proposal will be sent to the Cabinet for an approval soon.

India pushes for tariff cuts on textiles, leather, and gems in EU trade talks

The EU, on the other hand, is seeking concessions for flagship exports such as wine and automobiles through the free trade agreement with India.

Finance ministry to meet hospitality, insurance, textile stakeholders this week on passing GST benefits to consumers

The meetings come in the wake of mixed reviews from certain sectors around the relief offered through GST reforms given the removal of input tax credit under the new rates.

Bigger textile exporters look to Sri Lanka, Bangladesh to dodge Trump’s tariffs, risking US penalties

With 50% US tariffs is hurting Indian textile exporters, a handful of players with deep pockets are looking towards Sri Lanka and Bangladesh as a hub, to stay competitive. This may also trigger fears of transshipment penalties by US, aside of the loss of domestic value addition within India.

Post PM Modi visit, textiles now weaving stronger ties in China

US tariffs are likely to severely impact one-fourth of India's textile exports in the next six months, according to experts

India and China’s similar export profiles mean slim trade benefits from a diplomatic reset

While easing geopolitical tensions between India and China offer strategic benefits, closer ties are unlikely to ease India’s export challenges due to similar export patterns, and Beijing's dominant presence in key labour-intensive sectors.

Trump doubles tariff from Aug 27: Indian labour-intensive goods face over 50%, pharma, tech remain spared

Labour-intensive exports to the US are expected to take the hardest hit as these sectors will face a rate of more than 50 percent given that Trump’s reciprocal tariffs are over and above the most favoured nation (MFN) duties in place.

“At 50%, it can’t go on”: Trump’s punitive tariffs put Indian textile exports and jobs at risk

Almost 28% of India's textile and apparel exports go to the US

Respite on cotton imports unlikely to offset pain from US tariffs for textiles

The duty cut will give yarn mills a breather, but is insufficient to lower costs and make Indian textiles more competitive in the long term

Why Indian exporters may not succeed in offsetting the potential US loss

Even as it faces a trade war with the US, China’s share in global exports has increased over the years. For India, replicating this story will not be easy

India mulls fresh incentives for exporters amid US tariff shock, sources say

Any fresh incentive will potentially focus on labour-intensive exports and the requirement for the same will depend on if and how quickly Washington and New Delhi secure a trade deal potentially lowering the massive tariffs rates, sources said.

Indian textile exporters seek tariff cost sharing as fresh US orders nearly halt

While, there is a rush to ship goods to dodge the extra 25 percent tariff, an exporter said that since manufacturing for export purposes begins only once an order is received, one can’t frontload too much.

How should investors navigate the additional 25% US tariff jolt?

Equities are not cheap but if the penalty tariffs go into effect, then pockets of opportunity could arise. Here’s a guide on how to navigate these choppy waters