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August 18, 2026
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Industrial corridor development prioritises empowered SPVs, integrated infrastructure and investor-ready parks to accelerate manufacturing investment and operations.
National Industrial Corridor Development Programme implementation prioritises timely infrastructure completion, land allotment, investment mobilisation and commencement of manufacturing. PM GatiShakti-aligned planning requires integrated connectivity, utilities and social infrastructure, while States should resolve land, clearance and SPV-power bottlenecks. BHAVYA proposes investment-ready, plug-and-play industrial parks appraised for ready land, credible demand, connectivity, utilities, realistic phasing and early investor attraction. NICDIT routes Government participation and equity support for BHAVYA project SPVs, and NICDC coordinates implementation and monitoring.
August 17, 2026
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RERA compliance exemption for stalled housing projects raises whether statutory obligations may be waived to enable phased project completion.
RERA compliance exemption is sought for completion of 16 stalled residential projects by a public sector construction entity appointed under a project-completion arrangement. The appellate insolvency tribunal declined to direct a waiver, considering itself incompetent to exempt compliance with statutory provisions. The arrangement requires phased completion, award and commencement of construction work, and oversight through an apex committee and project-wise committees. The projects remain incomplete owing to the developer's financial crisis.
August 17, 2026
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Deposit mobilisation and youth banking guide strategies for stronger public financial institutions, investment financing and Global Capability Centre opportunities.
PSB Confluence 2026 considers strategic priorities for Public Sector Banks and Public Financial Institutions across deposit mobilisation, banking for youth, investment-cycle financing and Global Capability Centres. Discussions seek practical, scalable strategies to strengthen customer engagement, youth-responsive banking propositions, institutional financing capabilities and participation in the expanding Global Capability Centre ecosystem. Youth engagement may use the MY Bharat platform to strengthen links with the formal financial system and awareness of education finance, entrepreneurship, internships and financial-sector careers. Further themes include value-chain infrastructure, priority sector lending and credit card business reform.
August 17, 2026
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Banking-sector reform will guide lender capacity, financial stability, inclusion, consumer protection, deposit growth and responsible credit-card expansion.
Banking-sector reform is proposed through a high-level committee on Banking for Viksit Bharat to review the sector and align it with growth needs while safeguarding financial stability, financial inclusion and consumer protection. Key themes include deposit mobilisation, youth banking, investment support, global capability centres, value-chain infrastructure, credit cards and priority-sector lending. Public-sector banks are expected to improve competitiveness through technology, sectoral expertise, product adaptation and customer-focused deposit growth. Credit-card development must maintain responsible underwriting, customer protection and appropriate risk controls.
August 17, 2026
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FCNR(B) concessional swap facility availability narrows to timely mobilised deposits amid rupee depreciation and foreign currency inflow concerns.
Foreign-exchange conditions reflected rupee depreciation amid weak domestic equity markets and higher crude oil prices. FCNR(B) concessional swap facility availability is confined to foreign currency deposits mobilised by banks within the revised cut-off period, replacing the previously longer mobilisation window. The facility is intended to encourage foreign currency inflows, while banks use the FCNR(B) scheme to mobilise foreign currency deposits through attractive interest rates.
August 17, 2026
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Banking sector review panel will align future growth with financial stability, inclusion and consumer protection through government recommendations.
High Level Committee on Banking for Viksit Bharat is proposed to comprehensively review the banking sector and align it with India's next phase of growth. It is intended to safeguard financial stability, financial inclusion and consumer protection, while providing views and recommendations to the Government on banking-sector development and reform.
August 17, 2026
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Prime Minister Internship Scheme enhances youth employability through paid industry exposure, cross-field learning, workplace readiness and potential full-time employment.
The Prime Minister Internship Scheme provides paid internships with leading companies across India to improve youth employability through practical workplace exposure, industry experience and skills development. It addresses the gap between classroom learning and employers' expectations of workplace readiness. Participation is not confined to academic qualifications, allowing youth to pursue fields of interest and gain hands-on professional learning. Strong internship performance may lead to full-time roles, while the scheme stresses responsible work where errors may affect quality, consumer safety and organisational reputation.
August 17, 2026
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SAFTA origin fraud in areca imports allegedly enabled improper duty exemption through false Bangladeshi-origin declarations.
SAFTA preferential duty treatment for areca-nut imports was allegedly misused by falsely declaring goods originating in South-East Asian countries as Bangladeshi origin. Since areca nuts normally attract 100% basic customs duty, the scheme sought to obtain the full SAFTA exemption reserved for qualifying Bangladeshi goods meeting Rules of Origin requirements. The alleged mechanism included routing goods through Bangladesh, changing containers and bags, using improperly obtained Certificates of Origin, and facilitating clearance through importers, Customs Brokers and IEC holders. Investigative findings also indicated cash proceeds, hawala channels and dummy entities.
August 17, 2026
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FCNR(B) concessional swap facility closure may reduce temporary foreign-currency inflow support and heighten rupee weakness concerns.
The Reserve Bank of India restricted its concessional swap facility for FCNR(B) deposits to deposits mobilised by August 31, advancing the earlier cut-off date. The facility was intended to encourage foreign-currency inflows, while banks mobilise such deposits through attractive interest rates. Market commentary indicated that existing inflows may support the rupee in the near term, but the curtailed availability of the facility could reduce this temporary cushion and increase depreciation risk.
August 16, 2026
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Temporary tariff suspension for earthquake recovery is sought to ease pressure on affected Colombian businesses.
Temporary suspension of high tariffs on Colombian products has been sought to support business recovery following a severe earthquake declared a natural disaster. The request links tariff relief to economic disruption affecting businesses amid extensive destruction, injuries and missing persons. United States emergency assistance has been provided through food, shelter and health supplies, while no response to the tariff-suspension request had been reported.
August 16, 2026
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Port-led industrial development and direct export operations aim to expand logistics infrastructure, market access and trade connectivity.
Mission Samudra is proposed as a port-led industrial and logistics development programme linked to the commencement of export-import operations at Vizhinjam seaport. It covers industrial clusters, new cities, port connectivity, logistics, development initiatives, programme management and capacity building. Direct export shipments are intended to improve overseas-market access and reduce transit time and logistics costs, particularly for small and medium enterprises. The framework also anticipates growth in warehousing, cold storage, container freight stations and logistics parks, supported by private participation and road and rail connectivity.
August 16, 2026
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Electric vehicle export diversification strengthens India's presence across European, Asia-Pacific and Latin American markets through expanding overseas demand.
India's electric motor car exports expanded sharply in the first quarter of 2026-27, reflecting increased international acceptance and competitiveness of India-manufactured electric vehicles. Europe became the principal export destination, led by Spain and the United Kingdom, with further demand across several European markets. Exports also reached Asia-Pacific markets, Nepal and emerging Latin American destinations. This wider market presence reflects improving quality and safety standards, stronger integration into global electric-vehicle supply chains, and diversification of India's electric-vehicle export profile.
August 16, 2026
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LPG production preparedness requires refiners and upstream producers to maintain capacity and increase output during supply constraints.
Government has established a standing LPG production preparedness framework under which refining companies, oil marketing companies and upstream producers may be directed to increase production during supply constraints. Companies must maintain adequate LPG storage, evacuation and transportation infrastructure and pursue technically and economically feasible production-enhancing measures. Written directions may prescribe production quantities and periods, including restrictions on alternative uses of input streams required for LPG. The production schedule is updated twice yearly to reflect new facilities and added capacity from infrastructure, technology and distribution improvements.
August 16, 2026
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Free trade agreement market access requires MSMEs, farmers and exporters to meet global quality standards.
Free trade agreements expand market-access opportunities for Indian MSMEs, exporters and producers through reduced or eliminated import duties on traded goods. Textiles, machinery, medicines, seafood and agricultural products can access international markets where they meet global standards and remain competitively priced. Farmers and producers are encouraged to develop export-oriented products, including chemical-free agricultural produce, while MSMEs may use preferential trade access to support manufacturing, exports, employment and growth.
August 15, 2026
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Chemical-free farming can strengthen agricultural exports by meeting global standards and responding to rising international demand.
Chemical-free farming is urged to meet growing global demand and expand agricultural exports. Agricultural products must meet global parameters to facilitate access to international markets, including markets opened through free trade agreements. Food processing, export-oriented farm production, and global branding of traditional cuisine, millets, spices, fruits and flowers are identified as important elements of agriculture and food production policy.
August 15, 2026
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Voluntary foreign asset disclosure allows eligible taxpayers to regularise overseas holdings with immunity from further tax, penalties and prosecution.
FAST-DS permits eligible taxpayers to disclose specified undisclosed foreign assets, foreign income, and foreign assets omitted from return schedules. Undisclosed assets or income not previously offered to tax may be declared up to Rs 1 crore on payment of an effective 60 per cent levy, based on fair market value as of 31 March 2026. Assets already offered to tax, or acquired during non-resident status but omitted from the return schedule, may be declared up to Rs 5 crore on payment of a fee. Valid declarations provide immunity from further tax, penalty and prosecution, while declared amounts are excluded from total income.
August 15, 2026
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Global pharmaceutical leadership is urged through Indian firms achieving top-five status, supported by generic manufacturing and export capacity.
Indian pharmaceutical companies are urged to attain representation among the world's five leading pharmaceutical firms, despite India's established position as a major producer of generic medicines. India has a broad manufacturing base, supplies generic medicines across numerous therapeutic categories, and exports to worldwide markets including highly regulated jurisdictions. Although pharmaceutical exports and the domestic market have expanded, Indian firms have not yet secured positions among the largest global companies. Greater international scale may be supported through acquisitions and expanded established-brand and branded-generic operations.
August 15, 2026
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Foreign asset voluntary disclosure permits eligible small taxpayers to regularise qualifying assets through tax, additional levy, and statutory immunity.
FAST-DS permits eligible small taxpayers to voluntarily disclose specified foreign assets or foreign income. It covers undisclosed foreign assets or income not offered to tax, subject to an aggregate value threshold of Rs 1 crore, and certain foreign assets omitted from the relevant return schedule, subject to a Rs 5 crore threshold and prescribed fee. Payment comprises 30 per cent tax and an additional equal amount. Disclosed income or investment is excluded from total income, with immunity from further tax, penalty and prosecution under the Black Money Act for the disclosed asset or income.
August 15, 2026
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Free trade agreement opportunities require MSMEs to meet global standards and expand exports across textiles, machinery, medicines and seafood.
Free trade agreements are presented as export-market opportunities for Indian MSMEs because they reduce or eliminate import duties on a substantial range of traded goods. MSMEs are urged to expand exports of textiles, machinery, medicines and seafood, including shrimp, by meeting global quality standards and offering products competitively. Their export role is linked to self-reliance and their significant contribution to manufacturing, exports, GDP and employment.
August 15, 2026
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Windfall gains tax on petroleum exports was reduced to support domestic fuel availability and limit export price advantages.
Special additional excise duty (windfall gains tax) on exports of petrol, diesel and aviation turbine fuel was reduced from 15 August 2026. Petrol export duty was reduced to nil, and export-duty rates on diesel and ATF were lowered. Duty rates for petrol and diesel cleared for domestic consumption remained unchanged. The export-duty framework seeks to maintain domestic petroleum-product availability and limit export advantages arising from higher global crude oil prices amid West Asia tensions.

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Techtextil India 2025: Weaving India's Journey Toward Global Functional Textile Leadership

November 13, 2025

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Mumbai, Maharashtra, India – Business Wire India In line with India’s growing momentum to establish itself as a global textile manufacturing powerhouse, Techtextil India 2025, the country’s foremost B2B exhibition on technical textiles, nonwovens and composites, is set to return with an expansive and future-ready edition. Scheduled from November 19 to 21, 2025, at the Bombay Exhibition Centre, Goregaon, Mumbai, the 10th edition will feature over 215 exhibitors, including more than 100 first-time participants. According to the Ministry of Textiles, India’s technical textiles exports stood at USD 2.92 billion in FY 2024–25, underscoring the sector/s growing global footprint. Packtech at 37.5% and Indutech at 28% emerged as the leading export categories, reflecting strong demand across industrial and packaging applications. With exports to the UK valued at USD 136 million, accounting for a 4.7% share, the data highlights India’s strengthening position in global value chains – setting the stage for platforms like Techtextil India that drive innovation, business and exchange of scientific knowledge for this high-growth segment. The expo will house 500+ products and 300+ brands with international participation from Belgium, Germany, Hong Kong, Italy, Japan, Sweden and the USA. The integration of advanced manufacturing technologies, sustainability practices, focus on circularity and innovative fibers has become a necessity. Techtextil India 2025 plays a crucial role in driving this evolution by bringing together stakeholders across the value chain, fostering dialogue on policy and technology and accelerating industry-wide transformation. This year, the show takes a significant leap forward with its multi-functional approach, integrating new features under one roof — the Dornbirn Global Fiber Conference Asia, which will be held on 18th November 2025, the launch of Sporttech Pavilion, the feature of German Pavilion and a Techtextil India conference powered by Indian Technical Textile Association (ITTA). Together, these additions will enable participants to explore advanced applications of technical textiles across various sectors, including sports, automotive, defence, healthcare, construction, and sustainability. India’s textile industry is undergoing a transformative shift driven by government reforms and industry-led innovation. Acknowledging the sector’s pivotal role in the national economy, the Ministry of Textiles has recently introduced significant amendments to the Production Linked Incentive (PLI) Scheme for Textiles, with a focus on revitalising the man-made fiber (MMF) and technical textiles segments. The revision aims to enhance ease of doing business, attract new investments and generate employment, while aligning with the government’s broader vision of ‘Make in India’ and ‘Atmanirbhar Bharat’. These progressive measures underline the government’s commitment to fostering innovation, investment and employment generation within the sector — setting the stage for India to emerge as a global leader in high-performance textile manufacturing. Commenting on the upcoming edition, Mr Raj Manek, Executive Director and Board Member, Messe Frankfurt Asia Holdings Ltd, stated: “The Indian textile industry is witnessing a remarkable transformation driven by government support, technological innovation and global demand for sustainable materials. Techtextil India 2025 will not only showcase the latest in technical textiles and nonwovens but also serve as a knowledge-driven hub connecting policy with practice. Our new initiatives – the Dornbirn Global Fiber Conference Asia, Sporttech Pavilion, German Pavilion and ITTA Technical Textiles Seminar – align perfectly with the nation’s textile growth mission, enabling participants to explore next-generation materials, solutions and business collaborations. We are proud to support India’s vision of becoming a global textile powerhouse.” The Dornbirn Global Fiber Conference Asia, which is known for its focus on research-driven fiber innovation, will make its India debut, just a day before the expo on 18th November 2025, at Bombay Exhibition Centre, Mumbai, marking a perfect prelude for Techtextil India 2025. On 19th November 2025, the Techtextil Symposium will feature various knowledge sessions under themes like ‘Smart Solutions for Key Segments of Technical Textiles,’ organised by the Indian Technical Textile Association (ITTA). Focusing on innovations and practical applications in geotextiles, agrotextiles and industrial textiles, this will provide a platform to interact with leading experts. On Day 3, the conference organised by the Society of Plastics Engineers (SPE) India will explore ‘Creating Tomorrow’s Circular Supply Chains: Technology, Collaboration & Capital for Tech Textiles and Plastics.’ The show will present credible developments in the fabrics for sports and activewear (Sporttech) category, leading to a dedicated Sporttech Pavilion organised in partnership with Concept N Strategies. A dedicated conference titled – ‘India’s activewear revolution scaling without compromise: Building a 360-degree ecosystem for premium, high-quality active wear that competes globally’ will spotlight high-performance fabrics and materials revolutionising sportswear and outdoor applications. The show will also house a conference on recycling, ‘Creating tomorrow’s circular supply chains: Technology, collaboration and capital for textiles and plastics.' Besides these key features, the expo has seen an expansion into Mobiltech, Buildtech and Oekotech segments. Through these categories, the exhibition aims to connect manufacturers, technology providers, investors and policymakers under one unified platform to share insights, explore business opportunities and discuss the future of advanced textile materials. The event’s focus on innovation, sustainability and collaboration complements the national agenda of achieving self-reliance and global competitiveness in textiles. The show will have the presence of key domestic industry leaders, including Aditya Birla Yarns, Khosla Profil, Park Nonwoven, Pidilite, Reliance, Welspun, Sanathan Textiles, Sarex Chemicals, and Suntech Geo. Meanwhile, the international exhibitors include ACM, Inc., Autefa Solution Germany GmbH, Bettarini & Serafini SRL, Brückner Textile Technologies GmbH & Co. KG, Georg Sahm GmbH & Co. KG, Innovatec Microfiber Technology GmbH & Co. KG, Procotex, Pulcra Chemicals GmbH, R&M International Sales Corporation, Reifenhäuser Enka Tecnica GmbH, Ring Maschinenbau GmbH, STC Spinnzwirn GmbH, Textechno Herbert Stein, VEIT Hong Kong Limited and Zoltek. As high-value, sustainable and globally competitive textile production is receiving renewed focus, the synergy between government initiatives and industry platforms such as Techtextil India 2025 will continue to strengthen India’s leadership in the global textile landscape. The show has become synonymous with India’s textile ambition — weaving together innovation, collaboration and opportunity to create a more resilient, future-ready industry. The expo has garnered support from key industry bodies, including the Manmade & Technical Textiles Export Promotion Council (MATEXIL), Indian Technical Textile Association (ITTA), Department of Textiles (Government of Maharashtra), while the Dornbirn Global Fiber Conference has garnered support from the Government of Tamil Nadu as the Partner State. Techtextil India is part of Messe Frankfurt’s Texpertise Network. Press information and photographic material: www.techtextil-india.in.messefrankfurt.com For more information about the international textile sector and Messe Frankfurt's global textile events visit: www.texpertise-network.com Background information on Messe Frankfurt www.messefrankfurt.com/background-information Sustainability at Messe Frankfurt www.messefrankfurt.com/sustainability-information For More Updates, follow us on: www.linkedin.com/showcase/texpertise-network https://www.instagram.com/techtextil_india/ https://www.facebook.com/techtextilIND https://www.linkedin.com/showcase/techtextil-india/ To View the Image, Click on the Link Below: Techtextil India 2025 to be held at Bombay Exhibition Centre, Mumbai from 19 – 21 November 2025 (Disclaimer: The above press release comes to you under an arrangement with Business Wire India and PTI takes no editorial responsibility for the same.). PTI

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