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FIEO Amazon sign MoU to accelerate exports by Indian MSMEs

Insights

FIEO and Amazon India signed an MoU to boost e-commerce exports by MSMEs through a dedicated task force focused on policy, infrastructure, and awareness.
The partnership aims to support India's export goals, including $80 billion in e-commerce exports by 2030.
The initiative will help small businesses leverage Amazon's global reach and build a supportive ecosystem for sustainable export growth.

Textile ministry sets up taskforce for sustainable fashion

On National Handloom Day, the textile ministry launched a sustainability-focused exhibition and ESG taskforce to promote circularity in fashion. The “Weave the Future” event celebrates regenerative handloom practices, indigenous cotton, and artisan-led innovation in textiles.

Govt reopens textiles PLI scheme portal to invite fresh applications

Synopsis

The government has reopened the application portal for the Production Linked Incentive (PLI) scheme for the textiles sector, allowing fresh entries until August 31. The scheme covers MMF apparel, MMF fabrics, and technical textile products. The Ministry of Textiles said earlier terms and conditions will remain unchanged and urged interested companies to apply within the deadline.

50 Percent US tariff on Indian apparel exports could be death knell for small firms- AEPC

Synopsis

Indian apparel exporters are worried about new US tariffs. The Trump administration is doubling tariffs on Indian goods to 50 percent. Apparel Export Promotion Council fears this will devastate small businesses. They are seeking government support to offset the impact. The US is a major market, accounting for 33 percent of India's garment exports.

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