by TANVI_MUNJAL | Nov 6, 2024 | Business & Policy, News & Insights
The recent US presidential elections, with Donald Trump poised to reclaim the presidency, are set to significantly influence India’s textile trade, which is a crucial sector in the country’s economy. With annual trade between the US and India exceeding...
by TANVI_MUNJAL | Nov 4, 2024 | Business & Policy, News & Insights
Despite the recent improvement in diplomatic relations between India and China, experts believe that it is unlikely to significantly impact investments or trade in the textile sector in the short term. Addressing the longstanding trade imbalance and reducing...
by TANVI_MUNJAL | Nov 1, 2024 | Industry And Cluster, News & Insights, Textile Industry
India has escalated its trade dispute with China at the World Trade Organization (WTO), specifically targeting non-transparent subsidies that have led to a surge of low-quality, cheap textiles flooding the Indian market. During a recent review of China’s trade...
by TANVI_MUNJAL | Nov 1, 2024 | Business & Policy, News & Insights
India and Australia are intensifying efforts to finalise the Comprehensive Economic Cooperation Agreement (CECA) within the next two months, with a focus on boosting textile trade between the two nations. This push comes ahead of Australia’s upcoming elections,...
by TANVI_MUNJAL | Oct 21, 2024 | Business & Policy, Finance & Economy, News & Insights
The World Trade Organization (WTO) has released its latest bi-annual trade outlook, offering insights into the global textile market. Despite a challenging 2023, the organisation predicts a rebound in textile trade for 2024. A Positive Outlook for 2024 The WTO has...
by TANVI_MUNJAL | Oct 8, 2024 | Business & Policy, News & Insights
The much-anticipated India-EU Free Trade Agreement (FTA) is inching closer to fruition, with the next round of negotiations slated for the first quarter of 2025. Building upon the limited progress achieved in areas like rules of origin and government procurement, both...
