TEXTILE AND APPAREL EXPORTERS
Labour-intensive sectors see steep fall in exports in March
The fiscal year 2026 brought a mixed bag for India's exports. On one hand, engineering goods, electronics, and pharmaceuticals excelled, driving growth. On the flip side, textiles and gems were hampered by market fluctuations. Disruptions in West Asia's trade routes complicated logistics, affecting shipments significantly. Interestingly, electronics imports surged, crossing the $100 billion threshold.
India‘s textile and apparel exports degrow by -2.22% in FY 26: Govt Data
Indian textile and apparel exports saw a decline in fiscal year 26. Exports in March also registered a year-on-year drop. This comes after the US imposed high tariffs. Meanwhile, India's import of raw cotton increased significantly. This surge followed a period of eased import duties.
NCR workers unrest adds to cost strain on firms already hit by Iran war
Worker protests over minimum wages are escalating in Noida and Manesar. This unrest, following a significant wage hike in Haryana, is increasing costs for companies already burdened by rising input and energy prices. Apparel exporters face potential order delays and financial strain. The situation highlights broader labor issues and potential impacts on India's blue-collar workforce and export sector.
Textiles see tariff scars, exports to US drop 29% in February; China hit most
Imports from India declined 28.7% year-on-year, compared with a 16.4% fall from Bangladesh, while Vietnam recorded a 5% increase, according to data from the Office of Textiles and Apparel. Imports from China recorded the steepest decline at 45.2%, an analysis by the Confederation of Indian Textile Industries showed.
Govt nod to 52 applications in textile PLI
The government has approved 52 new textile applications under the PLI Scheme. These companies will invest Rs 6,708 crore. This initiative aims to boost domestic manufacturing and innovation. It will strengthen India's global textile market position. The scheme supports manmade fibre apparel, fabrics, and technical textiles. This move is set to enhance production capabilities across the sector.
Tiruppur garment orders drop 15% as US, Europe demand weakens amid Iran War
Tiruppur's apparel exports faced a 15% drop in March from the US and Europe. Buyers there held existing stock amid inflation concerns. Demand from West Asia halted due to the Iran war. This disrupted trade routes and increased costs. Manufacturers are also seeing rising input prices.
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Duty relief to SEZs allows limited domestic sales without diluting export focus: Experts
This move aims to support units facing weak global demand. Experts believe this offers a cushion for capacity utilisation and revenue. Sectors like electronics and textiles are expected to benefit.
Why fixing India’s export machinery is key to hitting the $2 trillion goal
India aims for $2 trillion in exports by 2030. Current growth is slow, and global market share is small. The country faces challenges in export geography and product diversity. A new strategy is proposed. It includes a unified trade facilitation agency, increased investment in trade fairs, and large sector-specific exhibitions.
One battle after another: How India fared in the year of Trump tariffs
Beginning April 2025, India found itself navigating turbulent waters due to sweeping changes in US trade policy led by President Trump. The imposition of tariffs posed a substantial threat to Indian exports, prompting New Delhi to innovate through strategic diversification and robust domestic reforms.
SEZ units can sell locally at lower duty for one year
India has announced a one-time relief for Special Economic Zone (SEZ) units, allowing them to sell goods in the domestic market at a lower customs duty for one year. This measure, along with a six-month extension of fiscal benefits under RoDTEP, aims to support exporters amid global crises and enhance export competitiveness by enabling better capacity utilization and liquidity.
$174 billion on the brink: India’s textile industry reels under West Asia war shock, braces for ‘huge crisis’ in April
India's massive textile sector is grappling with a severe crisis with the ongoing West Asia conflict driving up oil and raw material costs. This situation is threatening the industry's ambitious growth targets.
Macro shock, macro strength: 9 stocks from different sectors but with one common factor, and upside potential of up to 32%
When any conflict in the Gulf region escalates, the market usually reacts first and asks questions later. At this juncture, when every stock has suffered another round of decline, investors are probably thinking about what will happen to their portfolios in light of the ongoing war. That instinct is both natural and understandable. But remember: This war will end and the market will get back to doing what it normally does – reward companies with growth and earnings.
Asia’s industrial revolution is switching off gas
Energy-hungry industries in Pakistan and India are rapidly shifting to solar power, reducing reliance on expensive imported liquefied natural gas. This strategic move offers significant cost savings and insulates them from geopolitical disruptions like the Iran conflict. Meanwhile, Bangladesh's slower adoption of renewables leaves it vulnerable to supply shortages and rising energy costs.
India engaged with US, working with industry to mitigate tariff impact: Govt to Parliament
India and the United States have agreed on a trade deal. The US will lower tariffs on many Indian products. This includes textiles, leather, and machinery. India has also protected its key industries. The government is working with exporters to manage trade impacts. This agreement aims for mutual benefit and stronger trade ties.
The Materialists: How indie designers are working creatively with waste to forge new materials
Indian designers are turning textile waste into new fabrics and products. Brands like Paiwand Studio and Doodlage are leading this movement. They are creating running fabrics and elevated basics from discarded materials. This practice is moving beyond patchwork to become a structured part of the fashion supply chain. It offers a sustainable alternative to virgin raw materials.
Shipping wars stitch higher costs into India’s apparel exports
India's apparel exporters are facing increased costs due to the West Asian conflict, with shipping routes extended and war surcharges adding ₹12 to ₹55 per garment. This disruption, including diversions around the Cape of Good Hope, delays deliveries by 10-15 days and impacts a key market for Indian ready-made garments.
Planning early shipments, exploring alternate routes amid West Asia crisis: Exporters
In light of the West Asia turmoil, Indian exporters are becoming agile strategists, monitoring the movements of shipping companies with a keen eye. To counter the disruptions, they are reshaping their inventory and agreements to embrace flexibility.
Stock trader’s guide to navigating supply disruption by Iran war
The prospect of a prolonged Iran war and surging oil prices is forcing investors to reassess risks across sectors from airlines and shipping to chipmakers and clothing suppliers. Global stocks have fallen 5.5% since the conflict began, while fears of supply disruptions, rising inflation and delayed US rate cuts are reshaping market bets.
Over Rs 15k cr disbursed to exporters till December 25 this fiscal under duty refund scheme RoDTEP
In a significant move for exporters, India's government has rolled out more than Rs 15,700 crore through the RoDTEP initiative this year, benefitting over 1.11 lakh businesses.
India’s imports from China slowed overtime, exports grow faster: Govt tells Parliament
India's imports from China are slowing, with exports growing faster this fiscal year. The government highlighted reduced dependency on Chinese imports in sectors like mobile phones, while also detailing non-tariff barriers faced by Indian exporters to the EU and the benefits of the RoDTEP scheme.
India–EFTA TEPA: More than just trade
India's new trade pact with EFTA nations is a significant step. This agreement opens doors for Indian exports to European markets. It also attracts crucial foreign investment for domestic manufacturing. The pact fosters collaboration in technology and services. This partnership aims to boost economic growth and integrate India further into the global economy.
Tariffs can’t stop Tiruppur: India’s knitwear capital keeps US buyers hooked with nonstop negotiations
Indian apparel exporters navigated volatile US tariffs, with rates plummeting from 50% to 10%. Exporters renegotiated prices and absorbed losses to maintain long-standing buyer relationships, while US buyers also shouldered some of the burden. Despite relief from reduced tariffs, uncertainty lingers regarding future trade policies.
Tensions in West Asia: Apparel exporters in troubled waters
Indian apparel exporters are concerned about rising costs and shipment delays to the UAE. Tensions in West Asia are disrupting key sea routes. This could impact already thin profit margins and make it difficult to fulfill existing orders. Buyers are becoming cautious, affecting trade sentiment. The situation adds to existing challenges like US tariffs and changes to export incentive schemes.
Indian apparel exporters seek waiver of airport demurrage fees due to Iran-Israel conflict-induced flight disruptions
Apparel exporters have urged the government to waive airport demurrage charges on export cargo due to flight disruptions caused by the West Asian crisis. The Apparel Export Promotion Council highlighted that unforeseen international developments have stranded consignments, leading to undue financial burdens on exporters. They requested a waiver to provide relief and maintain continuity in air cargo trade.
Textile, auto exporters brace for profit squeeze as government halves RoDTEP tax refunds
Textile and vehicle exporters face tighter margins and working capital challenges after the government halved RoDTEP tax refunds. This decision, impacting cotton textiles, yarn, and two-wheelers, could hinder export growth and profitability. Companies are appealing for the restoration of earlier rates to avoid financial losses on existing shipments and contracts.
India’s exporters in gems, textiles, engineering, and leather hasten US shipments amid tariff uncertainty
Indian exporters are accelerating shipments to the United States. This surge is driven by concerns over potential tariff increases by President Trump. Various sectors including gems, textiles, and engineering goods are working to maximize exports within a 150-day window. Industry officials are seeking clarity on trade agreements and tariff implications. Exporters are engaging with US buyers to expedite dispatches.
Exporters cautious after SC strikes down Trump tariffs, fear fresh moves
Indian exporters are observing developments after the US Supreme Court invalidated President Trump's tariffs. While this ruling offers potential refunds for duties paid, exporters remain cautious. They anticipate new tariffs may be introduced through different legal avenues. Clarity on the future trade landscape is expected next week. This situation could impact ongoing trade negotiations and existing export orders.
Apparel export performance shows resilience amid global challenges; policy support for MSMEs key to future growth: AEPC Chairman
Indian apparel exports demonstrate resilience amidst global market shifts. January 2026 saw a slight dip, but overall growth continues. The Apparel Export Promotion Council highlights the need for targeted support for Micro, Small, and Medium Enterprises.
India's textile and apparel exports down by 3.75% in January, outlook improves now with India US interim deal
India's textile and apparel exports saw a dip in January. High tariffs from the United States impacted shipments. However, a recent reduction in these tariffs is expected to boost export competitiveness. This change should support a recovery in textile and apparel shipments in the coming months. The sector's share in India's total exports also saw a decline.
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