Mumbai (Maharashtra) [India], February 04: Hon’ble Prime Minister Shri Narendra Modi and European Commission President H.E. Ms. Ursula von der Leyen, jointly announced the conclusion of the India -European Union Free Trade Agreement (India – EU FTA) at the 16th India–EU Summit, held on January 27, 2026 – which is being termed as the “Mother […]
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Mumbai (Maharashtra) [India], February 03: The Hon’ble Union Finance Minister, Smt Nirmala Sitharaman, announced the Union Budget for 2026-27 on Sunday, February 01. Welcoming the Budget, Shri Shaleen Toshniwal, Chairman, MATEXIL (Manmade and Technical Textiles Export Promotion Council), stated, “The Budget is Positive, and addresses the requirements of India as a growing economy with expanding […]
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Mumbai (Maharashtra) [India], September 16: The GST Council, at its 56th Meeting held on 3rd September 2025, approved the rationalization of GST rates by moving to a two-slab structure of 5% and 18%, abolishing the existing 12% and 28% rates. These revised rates will come into effect from 22nd September 2025. As part of this […]
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Mumbai (Maharashtra) [India], August 21: The Ministry of Textiles has reopened the portal for filing of fresh applications under the Production Linked Incentive (PLI) Scheme for Textiles, covering Man-Made Fibre (MMF) Apparels, Fabrics and Technical Textiles. The Portal for application will remain open till 31st August 2025 . The PLI Scheme is aimed at […]
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Mumbai (Maharashtra) [India], August 4: The recently signed India–UK Comprehensive Economic Trade Agreement (CETA) by the Hon’ble Prime Minister of India, Shri Narendra Modi, and the Prime Minister of the United Kingdom, Mr. Keir Starmer, marks a transformative milestone in strengthening economic and trade ties between the two countries. The Agreement offers 100% duty-free market access […]
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Mumbai (Maharashtra) [India], July 14: The Production Linked Incentive (PLI) Scheme for Textiles, launched in 2021, has emerged as a transformative initiative for India’s textile industry. Operational from 24th September 2021 to 31st March 2030, the scheme offers financial incentives for a period of five years to promote manufacturing in Manmade Fibre (MMF) apparel, fabrics, […]
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(L to R) Shaleen Toshniwal –Vice President, Dhiraj R. Shah, Convener-Export Award Committee, Shri Bhadresh Dodhia and Shri Piyush Goyal. Mumbai (Maharashtra) [India], January 8: India plans to set up ‘Bharat Park’ in UAE where Indian goods show room and warehouses will come up. This will be to facilitate other countries of the world to […]
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