Imports from India witnessed a sharper contraction, falling 31.4% year-on-year in November 2025 compared with November 2024, marking one of the steepest monthly declines among major suppliers, it said. This significant decline is indicative of the challenges faced by India's textile and appa
When questioned about whether the commerce ministry would introduce legislation in Parliament to extend relief to these zones, Goyal said the government is examining all possibilities, including whether changes require amendments to existing laws or can be implemented through rules.
In a letter, the association said that its members have collectively decided to halt all textile imports and exports to and from the two countries. The decision was made to support "ethical business practices" and "national sentiment."
Textile importers based in the US are reaching out to Indian exporters, asking them to bear the costs that may emanate from the US tariffs going forward, two industry executives told ANI.
The textile industry is seeing signs of recovery, with global retailers and brands reporting that their inventory levels have returned to pre-COVID standards, a recent report of Avendus Spark observed.
New Delhi [India], September 17 (ANI): The US move to impose restrictions on import of certain products originating from Xinjiang autonomous region in China could benefit Indian textile exporters, according to investment information firm ICRA.