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GST cut on textiles boosts MSMEs, premium fashion takes a hit

September 11, 2025/

India’s textile sector is set for a major reset as the 56th GST Council Meeting, held on 3 September 2025, unveiled sweeping reforms under the government’s Next-Generation GST framework. Effective from 22 September 2025, these changes promise to simplify tax structures, cut costs, and stimulate demand across the textile value...

India’s apparel future with UK Trade agreement

July 29, 2025/

The India-UK Free Trade Agreement (FTA), signed on July 24, 2025, marks a pivotal moment for bilateral trade, particularly for India’s labor-intensive apparel and textile sector. This landmark agreement, formally known as the Comprehensive Economic and Trade Agreement (CETA), eliminates tariffs on 99% of Indian exports to the UK, providing...

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