The US tariff policies have significantly impacted India's gems & jewellery and textiles sectors differently. Jewellery exports from Mumbai's SEEPZ have plummeted, leading to workforce reductions, while textile units in Tirupur are experiencing a surge in inquiries and orders as US buyers seek alternatives to China
Source: The Economic Times
Union Minister Nitin Gadkari on April 26, 2025, said India will have to increase its exports and reduce imports to emerge as a stronger nation in the global community. Addressing an international conference on Vision 2047 Prosperous and Great Bharat, Gadkari suggested that the imposition of reciprocal tariffs by the US was a "blessing in disguise" for India as newer markets are now opening up for the domestic industry. "If you want to make villages prosperous and the nation stronger, one thing is clear we have to increase our exports and reduce imports. I would not take the name of any country, but whatever is happening today, it is a blessing in disguise for us," he said, in an apparent reference to the tariffs imposed by the US. Gadkari said the Indian sugar industry received an order of 1,000 containers from the US. "These are the ways if someone faces a loss, someone else profits. It is a plain case of demand and supply," the minister said.
Source: The Economic Times
Commerce Secretary Sunil Barthwal's visit to the Netherlands fostered discussions on boosting trade and investment, with a focus on enhancing collaboration through the Joint Trade and Investment Committee. India's exports to the Netherlands witnessed a rise of 1.75% in 2024-25, reaching USD 22.76 billion. Barthwal also visited Croatia to strengthen bilateral trade ties and explore investment opportunities. The visit assumes significance as India's exports to Netherlands are recording healthy growth despite global economic uncertainties.
Source: The Economic Times
Madhya Pradesh has received approval for ₹2,100 crore PM Mega Integrated Textile Region and Apparel (PM MITRA) Park, an integrated textile park, Chief Minister Dr Mohan Yadav said.
Sanctioned by the Union Ministry of Textiles under Prime Minister Narendra Modi’s leadership, the project is set to transform the state’s industrial landscape and elevate India’s textile sector globally, the state government said in a statement.
Spanning 2,100 acres in Bhainsola village, Dhar district, the ultramodern park will feature a 20 MLD Zero Liquid Discharge plant, solar-powered facilities, plug-and-play units, and worker housing.
Construction is slated for completion within 14 months.
Source: The Hindu Business Line
The Chhattisgarh government on April 23, 2025, signed a Memorandum of Understanding (MoU) with the Clothing Manufacturers Association of India (CMAI), marking a major step towards transforming the state into a hub for textile and apparel manufacturing.
The agreement is expected to boost economic development and generate substantial employment opportunities in the state.
During the FAB Show organized at the Bombay Exhibition Centre in Mumbai, Chhattisgarh Chief Minister Vishnu Deo Sai interacted with investors and industrialists associated with the textile sector and invited them to invest in Chhattisgarh. He presented the state’s ambitious vision for the textile sector.
Source: News Riveting
RJD MP from Buxar, Sudhakar Singh, on April 27, 2025, wrote to PM Narendra Modi, demanding allocation of Prime Minister Mega Integrated Textile Region and Apparel (PM-MITRA) park to Bihar. The MP said under the PM-MITRA scheme, recently announced by the central govt, establishment of parks has been announced in seven states, barring Bihar. He added that Bihar was an industrially backward state with ample potential for the textile industry and it had selected 1,719 acres of land for this scheme, and the preliminary project report was submitted to the ministry of textiles before the last date of March 15, 2022.
Source: Times of India
Nigeria’s National Economic Council (NEC) recently approved creation of a Cotton, Textile and Garment Development Board to revive the textile industry.
Imo state governor Hope Uzodinma announced this after the 149th NEC meeting in Abuja, chaired by the country’s Vice President Kashim Shettima.
The board will operate as a public-private partnership, with a chairman from the private sector. It will be funded by import levies on textiles. Regional offices of the board will open across the country’s six geopolitical zones.
It will enhance local production, reduce import dependence and create jobs, according to domestic media reports.
Source: Fibre2fashion
The country’s textile millers demanded raising the bulk consumer limit for captive power gas connections to 20 megawatts from the existing 10 MW.
They also called for removing the requirement to obtain a No Objection Certificate from power distribution companies for connections up to 20 MW.
They placed the demands in a recent letter to Fauzul Kabir Khan, adviser to the Ministry of Power, Energy, and Minerals. The letter, signed by Bangladesh Textile Mills Association president Showkat Aziz Russell, also proposed revising the security deposit requirement for captive gas connections.
Source: The New Age
Pakistan Textile Exporters Association (PTEA) has said that a grave crisis is unfolding as persistent road blockages have paralyzed trade and disrupted national supply chains.
An estimated $400–500 million worth of textile goods alone have been stranded for the past 11 days, severely impacting the country’s exports, it PTEA said.
It said ports are operating under constrained capacity with limited vessel availability. Even after the resumption of normal movement, it will take several weeks to clear the congestion and normalize trade operations. The ripple effects are widespread and alarming: Export orders are being delayed or cancelled, jeopardizing Pakistan’s credibility in international markets. Payment cycles have been broken, putting financial strain on businesses across sectors, PTEA added.
Source: PK News
Trade turnover between Turkmenistan and Malaysia reached $131.7 million in 2024, Trend reports.
The announcement was made by Kerimberdi Kurbanov, Minister of Trade and Foreign Economic Relations of Turkmenistan, during the International Forum on Attracting Foreign Investment into Turkmenistan’s Economy, held in Kuala Lumpur.
Kurbanov highlighted that Turkmenistan currently exports agricultural, oil and gas, chemical, and textile products to over 100 countries worldwide. Given the friendly nature of bilateral relations, the minister emphasized the potential for increasing exports of Turkmen textile products to Malaysia. To realize this potential, he stressed the importance of strengthening business-to-business ties between the two nations.
Source: Kazi Inform
