US tariff cut a lifeline for Tamil Nadu textile industry, says SIMA
The rollback of the 50% US tariff is a lifeline for the Indian textile industry, said the Tamil Nadu-based Southern India Mills’ Association (SIMA). The...
Tag : Trade Policy
Bangladesh plans first free trade zone in Chattogram to boost exports and investment
by TexMart NL
Bangladesh plans to set up its first free trade zone in Chattogram to boost exports, attract foreign investment, and strengthen industrial growth. Bangladesh’s interim government...
Road map in works for $100 billion textile and apparel exports by 2030
by TexMart NL
A roadmap is being developed to help India achieve $100 billion in textile and apparel exports by 2030 through policy support and market expansion. To...
Government removes QCO on textile machinery imports
by TexMart NL
The government has removed the Quality Control Order (QCO) on textile machinery imports, easing sourcing and supporting industry competitiveness. The Union Ministry of Heavy Industries...
India–New Zealand FTA: Zero duty boost for Indian exports
by TexMart NL
The India–New Zealand FTA offers zero duty on 100% of Indian exports, boosting trade, MSMEs, jobs, and opportunities for Indian workers and students. India-New Zealand...
More free trade pacts needed to compete in textile exports with Bangladesh: VP
by TexMart NL
The Vice President says India needs more free trade agreements to effectively compete with Bangladesh in global textile and apparel exports. Vice President C P...
India-EU FTA nears finish, big boost for Apparel: CTA
by TexMart NL
Indian clothing manufacturer CTA Apparels has welcomed the Indian government’s encouraging progress on the India-EU Free Trade Agreement (FTA), the draft of which is now...
Tiruppur exporters lost ₹12,000 crore in orders due to US tariff; but no job losses as yet
by TexMart NL
Export orders worth nearly ₹12,000 crore have been lost for the Tiruppur textiles industry in Tamil Nadu since the implementation of the new tariff by the US government from August 27. There...
US NCTO Urges Stronger USMCA, Exemptions From IEEPA tariffs
by TexMart NL
U.S. Textile Industry Urges Stronger USMCA Rules to Preserve and Expand Vital Textile and Apparel Co-Production Chain and to Confront Unfair Trade Practices. The National...
Indonesia imposes safeguard import duties on 27 cotton yarn HS codes
by TexMart NL
The Indonesian Trade Security Committee (KPPI) recently announced the imposition of safeguard import duties (BMTP) on 27 harmonised system (HS) codes of cotton yarn. The...