New Delhi, April 28 (IANS) The supply of natural gas to the textiles and handicrafts sector is being maintained at 80 per cent of the past six months’ average consumption, despite the disruptions in imports due to the closure of the Strait of Hormuz, since it has been categorised as a priority industry, the Ministry of Textiles said on Tuesday.In case of supply disruptions, public sector gas utility GAIL is intermittently sourcing supplies from the spot market to meet domestic demand, the minist…
Latest Export Promotion Councils News & Updates
New Delhi, April 27 (IANS) Commerce and Industry Minister Piyush Goyal on Monday held a productive interaction with heads of various Export Promotion Councils (EPCs) here.“Discussed sector-specific priorities and heard their constructive feedback on enabling more Indian businesses to export and unlock opportunities in the global trade landscape,” said the minister on social media platform X.“Also, explored avenues for exporters to leverage the various FTAs India has concluded in the recent…
New Delhi, April 26 (IANS) Commerce and Industry Minister Piyush Goyal will hold a crucial meeting with export promotion councils and industry bodies on April 27 to discuss strategies to boost outbound shipments, amid growing concerns over declining exports and geopolitical disruptions.The meeting comes at a time when Indian exporters are facing headwinds due to the ongoing tensions in West Asia, triggered by the conflict involving the US, Israel and Iran.Industry sources said the situation has …
New Delhi, April 10 (IANS) The Government of India is continuing its proactive and coordinated response to the evolving situation in West Asia, with the Commerce and Shipping Ministries convening high‑level stakeholder consultations to address emerging logistics, packaging, and shipping‑related challenges impacting India’s trade and export ecosystem, according to an official statement issued on Friday. Two important meetings were held, one under the chairpersonship of the Commerce Secre…
New Delhi, March 18 (IANS) Stakeholders have emphasised the need for a holistic and balanced approach to rejuvenation of export-oriented industrial clusters, integrating infrastructure upgradation with capacity building, technology adoption, and improved market access, it was announced on Wednesday.During a post-Budget meeting organised by the National Industrial Corridor Development Corporation (NICDC), the importance of strengthening domestic manufacturing ecosystems, particularly in sectors w…
New Delhi, Feb 12 (IANS) Industry must now intensify its efforts to penetrate new markets, upgrade quality and become more competitive to take maximum advantage of trade agreements, according to Commerce and Industry Minister Piyush Goyal.He urged exporters and industry bodies to take full advantage of the series of Free Trade Agreements (FTAs) signed with developed countries maximise job creation and boost exports of goods and services, according to an official statement.During his meeting with…
New Delhi, Jan 2 (IANS) The government on Friday announced to extend the deadline for submission of fresh applications under the Production Linked Incentive (PLI) scheme for textiles up to March 31, 2026.According to the Ministry of Textiles, the extension follows the significant response received since the application portal has been re-opened in August 2025, with proposals being submitted by textile companies across priority areas, including Man-Made Fibre (MMF) apparel, MMF fabrics, and Techn…