STAY UPDATED WITH COTTON UPDATES ON WHATSAPP AT AS LOW AS 6/- PER DAY

Start Your 7 Days Free Trial Today

News Details

Textile exporters welcomed the relief scheme

By yash chouhan 2026-03-20 13:46:25
First slide


Textile exporters welcome RELIEF scheme

The Confederation of Indian Textile Industry (CITI) has said that the Resilience & Logistics Intervention for Export Facilitation (RELIEF) scheme under the Export Promotion Mission will offer a dose of relief to the MSME-dominated textiles and apparel sector, for which the 2025-26 financial year was hugely challenging.

Ashwin Chandran, CITI chairman, said in a press release that the scheme aims to alleviate the challenges faced by exporters due to the ongoing turbulence in West Asia. The package announced under RELIEF should be implemented quickly. A significant portion of India’s textile and apparel exports is for west Asia with the UAE being one of the largest markets for Indian textile and apparel exporters. In 2024, the UAE was the fourth largest market for India’s textile and apparel exports, after the US, the EU, and Bangladesh.

Any increase in the cost of logistics and insurance adds to the challenges of the exporters with significant increase in operating costs. The textiles and apparel exports were severely impacted in the second half of 2025 due to the steep 50% US tariff on Indian goods, which was in place from late August 2025 to early February 2026. As per a CITI Analysis, India’s textiles exports declined 0.31% in February 2026 compared with the same period last year. Apparel exports fell 8.60% during the same period.

Regards
Team Sis
Any query plz call 9111677775

https://wa.me/919111677775

Related News

Circular