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Hoegh Autoliners Expands India Presence with Maiden Arrival of Aurora Class Vessel

Hoegh Aurora, the flagship vessel of Hoegh Autoliners’ next-generation Aurora Class fleet, has completed its historic maiden calls at the Indian ports of Ennore, Mumbai, and Pipavav. The milestone marks a significant step in the company’s long-term commitment to India’s rapidly expanding manufacturing, automotive, and industrial export sectors.
The vessel’s arrival reinforces Hoegh Autoliners’ role in supporting India’s growing integration into global trade networks through advanced and sustainable ocean transportation solutions.

Strengthening India's Global Export Connectivity

For more than 15 years, Hoegh Autoliners has connected Indian manufacturers with international markets across Asia, Europe, Africa, and the Americas. The company has transported millions of cubic metres of automobiles, industrial equipment, and project cargo from Indian ports to customers worldwide.
Key export cargoes handled by Hoegh Autoliners include:
  • Passenger vehicles and commercial vehicles
  • Metro coaches and rolling stock
  • Locomotives
  • Construction and mining equipment
  • Agricultural machinery
  • Industrial and project cargo
The maiden voyage of Hoegh Aurora further enhances shipping capacity available to Indian exporters while supporting the country’s ambitions to become a leading global manufacturing hub.

India Emerges as a Strategic Market for Hoegh Autoliners

According to Hoegh Autoliners, India remains one of the company’s most important and fastest-growing markets.
The introduction of the Aurora Class fleet enables the company to offer:
  • Higher cargo-carrying capacity
  • Greater operational efficiency
  • Reduced carbon emissions
  • Enhanced cargo flexibility
  • Future-ready shipping solutions
The vessel is specifically designed to support growing demand from India’s automotive, engineering, infrastructure, and heavy equipment industries.

World's Most Environmentally Friendly PCTC

The Aurora Class represents a major advancement in sustainable maritime transportation and reflects Hoegh Autoliners’ long-term decarbonisation strategy.
Designed as the world’s most environmentally friendly Pure Car and Truck Carrier (PCTC), Hoegh Aurora incorporates advanced technologies aimed at reducing environmental impact while maintaining operational efficiency.
Sustainability Features
  • Multi-fuel ready vessel design
  • Advanced MAN engines capable of operating on LNG and Marine Gas Oil (MGO)
  • Prepared for future ammonia and methanol propulsion
  • Prepared for future ammonia and methanol propulsion
  • Up to 58% lower carbon emissions per vehicle transported compared with current industry standards
The Aurora Class is expected to play a key role in Hoegh Autoliners’ goal of achieving net-zero emissions by 2040.

Largest PCTC Ever to Call an Indian Port

With a carrying capacity of 9,100 Car Equivalent Units (CEUs), Hoegh Aurora is the largest Pure Car and Truck Carrier ever to call at an Indian port.
The vessel surpasses the company’s Horizon Class ships, which have a capacity of 8,500 CEUs and have regularly served Indian ports since 2017.
The increased capacity enables more efficient transportation of vehicles and large industrial cargoes while reducing emissions per shipment.

Built for High & Heavy and Project Cargo

In addition to automobiles, the Aurora Class has been purpose-built to transport oversized, heavy-lift, and project cargo.
Advanced Cargo Handling Features
  • Strengthened decks for heavier cargo loads
  • Wide internal ramps for smooth cargo movement
  • Shore ramp with a Safe Working Load (SWL) of up to 375 metric tonnes
  • 12-metre-wide and 6.5-metre-high stern door opening
  • Enhanced deck heights for greater cargo flexibility
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India and South Korea Deepen Trade Partnership with Digital Trade and Supply Chain Initiatives

India and Canada have reaffirmed their commitment to expanding bilateral economic ties, with both countries targeting US$50 billion in bilateral trade by 2030 and accelerating negotiations on the proposed Comprehensive Economic Partnership Agreement (CEPA). The discussions took place during a series of engagements in Toronto aimed at enhancing trade, investment, and technology collaboration.

Focus on High-Growth Sectors

Talks focused on strengthening cooperation in sectors such as advanced manufacturing, pharmaceuticals, biotechnology, clean technology, energy, and oil and gas. Both sides highlighted the growing opportunities created by the complementary strengths of the two economies.

The Canada-India Building Bridges event brought together more than 150 representatives from businesses, investor groups, and industry associations. Participants emphasized the need for a predictable business environment and stronger government-industry collaboration to support long-term economic growth.

Trade Mission and Investment Opportunities

A Team Canada Trade Mission to India is scheduled for November 2026, with a focus on exploring opportunities in Artificial Intelligence (AI), critical minerals, semiconductors, renewable energy, clean technology, and digital infrastructure.
The visit also included the Canada-India Investment Roundtable, attended by leading Canadian pension funds, banks, and institutional investors. Discussions highlighted India’s infrastructure development plans, financial sector reforms, and improving ease of doing business, which continue to attract global investors.

Expanding Collaboration Across Key Industries

Both countries identified significant opportunities for collaboration in clean energy, technology, manufacturing, digital infrastructure, and supply chain diversification. India’s strong economic growth outlook, Production Linked Incentive (PLI) schemes, expanding Global Capability Centres (GCCs), and growing network of trade agreements were highlighted as major drivers of investment.
Meetings with Canadian companies from the insurance, food processing, banking, and critical minerals sectors further reinforced confidence in the Indian market.
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India Secures Second Spot in Asia Pacific Data Centre Market Amid Digital Growth

India has emerged as the second-largest data centre market in the Asia-Pacific region, highlighting its growing role in the global digital economy and increasing appeal for technology investments. According to a report by Cushman & Wakefield, rapid growth in cloud computing, artificial intelligence (AI), digital services, and data consumption has significantly expanded the country’s data centre capacity.
Major cities including Mumbai, Chennai, Hyderabad, Bengaluru, and Delhi-NCR continue to attract investments from hyperscalers, cloud providers, and enterprise customers. Supportive government policies, data localisation requirements, strong connectivity, and competitive operating costs have further strengthened India’s position as a leading data centre destination.
The sector is expected to drive job creation, boost digital capabilities, and support emerging technologies across industries such as finance, healthcare, manufacturing, and e-commerce.

Key Highlights:

  • India is now the second-largest data centre market in Asia-Pacific.
  • Growth is driven by cloud computing, AI, and digital transformation.
  • Major hubs include Mumbai, Chennai, Hyderabad, Bengaluru, and Delhi-NCR.
  • Rising investments in renewable energy, power infrastructure, and connectivity support expansion.
  • Increased demand from hyperscalers and cloud service providers is fueling capacity growth.
  • The sector is expected to create jobs and strengthen India's digital economy.
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Vizhinjam Port Sets New Throughput Record with 2 Million TEU Achievement

Adani Group’s Vizhinjam International Seaport in Kerala has crossed the 2 million TEU (Twenty-foot Equivalent Unit) throughput mark in just around 18 months of operations, highlighting the rapid rise of India’s newest deep-water transshipment hub. The achievement underscores the port’s growing importance in global maritime trade and its potential to position India as a leading transshipment destination.

Strong Growth Since Operations Began

Vizhinjam Port has demonstrated impressive growth since becoming operational. The port achieved the 1 million TEU milestone within nine months, exceeding industry expectations and showcasing strong demand from global shipping lines.
By January 2026, the port had handled approximately 1.57 million TEUs and welcomed around 740 vessels, reflecting its increasing role in regional and international shipping networks.
The facility also recorded its highest-ever monthly performance in January 2026, handling 123,092 TEUs and accommodating 62 vessels during the month

Operational Excellence and Global Competitiveness

The port’s operational efficiency has been a key driver of its success. Vizhinjam achieved a Gross Crane Rate of 30.12 container moves per hour, a performance level considered competitive among leading global container terminals.
Its strategic location near major international shipping routes, combined with advanced infrastructure and efficient cargo handling systems, has helped attract growing container traffic and strengthen its position in the maritime sector.

Rising in Global Port Rankings

As of February 2026, Vizhinjam International Seaport had climbed to the 83rd position globally in container handling rankings. The rapid ascent reflects the port’s successful scale-up and its emergence as an important transshipment hub serving regional and international trade routes
The port continued to maintain strong container and cargo volumes throughout early 2026 as it progressed toward higher operational capacity.

Phase 2 Expansion to Boost Capacity

To support future growth, the Kerala government and Adani Ports have announced a major Phase 2 expansion project with an investment of ₹16,000 crore.
The expansion aims to increase the port’s capacity from 1 million TEUs to 5.7 million TEUs, significantly enhancing its ability to handle growing cargo volumes. The project will focus on advanced automation, operational efficiency, improved rail connectivity, and stronger EXIM (export-import) infrastructure.

Strengthening India's Transshipment Ambitions

The rapid growth of Vizhinjam Port is expected to reduce India’s dependence on foreign transshipment hubs and strengthen the country’s position in global shipping and logistics networks. With continued investments and capacity expansion, the port is poised to become a major gateway for international container trade and a key driver of India’s maritime growth strategy.

Key Highlights:

  • Vizhinjam Port has crossed the 2 million TEU throughput milestone in approximately 18 months.
  • The port achieved 1 million TEUs within nine months of operations.
  • Around 1.57 million TEUs were handled by January 2026.
  • The port welcomed approximately 740 vessels during its first year of operations.
  • January 2026 recorded a monthly throughput of 123,092 TEUs and 62 vessel calls.
  • Vizhinjam achieved a Gross Crane Rate of 30.12 moves per hour.
  • The port ranked 83rd globally in container handling as of February 2026
  • A ₹16,000 crore Phase 2 expansion will increase capacity to 5.7 million TEUs.
  • The project will strengthen India's position as a major global transshipment and logistics hub.
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India and South Korea Deepen Trade Partnership with Digital Trade and Supply Chain Initiatives

India and South Korea have agreed to establish dedicated sub-groups on digital trade, supply chain cooperation, and strategic industrial collaboration as part of ongoing efforts to upgrade the bilateral Comprehensive Economic Partnership Agreement (CEPA). The move marks a significant step toward modernizing the trade pact and strengthening economic ties between the two countries.
The decision was reached during the 12th round of India-Korea CEPA upgrade negotiations, held in New Delhi from May 25 to 27. The expanded scope of discussions reflects both nations’ commitment to enhancing trade, investment, and economic cooperation in line with evolving global business and technology trends.

Focus Areas of the CEPA Upgrade Talks

During the latest negotiation round, officials discussed several key areas aimed at improving bilateral trade and investment flows, including:
  • Trade in Goods (TiG)
  • Trade in Services (TiS)
  • Rules of Origin (RoO)
  • Origin Procedures (OP)
  • Investment Frameworks
  • Sanitary and Phytosanitary (SPS) Standards
The newly formed sub-groups will focus on addressing emerging trade priorities such as digital commerce, resilient supply chains, and industrial cooperation, helping both countries unlock new economic opportunities.

Commitment to a Modern and Balanced Trade Pact

India and South Korea reaffirmed their commitment to concluding the CEPA upgrade negotiations in a time-bound manner. Both sides emphasized the importance of developing a modern, comprehensive, and mutually beneficial agreement that supports balanced trade growth, stronger investment flows, and deeper economic integration.
The upgraded agreement is expected to enhance market access, facilitate business operations, and strengthen collaboration across key sectors.

High-Level Participation in Negotiations

The discussions were co-chaired by Kapil Chaudhary, Joint Secretary in India’s Department of Commerce, and Park Geun-oh, Director General for Trade Agreement Policy at South Korea’s Ministry of Trade, Industry and Energy.
Senior officials from both countries participated in the negotiations, reflecting the strategic importance of the CEPA upgrade for bilateral economic relations.

Addressing India's Trade Deficit with South Korea

A key issue discussed during the negotiations was India’s growing trade deficit with South Korea. Since the implementation of the CEPA in 2010, the trade imbalance has widened significantly.
Both countries acknowledged the concern and agreed to address the issue within the broader framework of the upgraded agreement. Efforts will focus on creating a more balanced trade relationship while promoting sustainable economic growth and increased market opportunities for businesses in both nations.

Strengthening Future Economic Cooperation

The formation of dedicated sub-groups on digital trade, supply chains, and strategic industries highlights the growing importance of technology-driven commerce and resilient trade networks in the global economy. The upgraded CEPA is expected to serve as a key platform for expanding bilateral trade, attracting investment, and strengthening long-term economic cooperation between India and South Korea.

Key Highlights:

  • India and South Korea have formed sub-groups on digital trade, supply chain cooperation, and strategic industrial collaboration.
  • The decision was taken during the 12th round of CEPA upgrade negotiations in New Delhi.
  • Discussions covered Trade in Goods, Trade in Services, Rules of Origin, Investment, and SPS standards.
  • Both countries committed to concluding CEPA upgrade talks in a time-bound manner.
  • The upgraded agreement aims to support balanced trade and deeper economic integration.
  • India and South Korea acknowledged the need to address India's growing trade deficit.
  • The CEPA upgrade is expected to improve market access, investment opportunities, and bilateral trade cooperation.
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Western DFC Strengthens India’s Logistics Infrastructure and Industrial Connectivity

India’s logistics sector is undergoing a major transformation with the rapid development of the Western Dedicated Freight Corridor (WDFC), a 1,506-kilometre freight railway connecting Dadri in Uttar Pradesh to the Jawaharlal Nehru Port Authority (JNPA) near Mumbai. The corridor links some of India’s most important industrial, manufacturing, and agricultural regions with key export gateways, creating a more efficient and reliable freight transportation network.
Designed exclusively for cargo movement, the WDFC is helping reduce transit times, lower logistics costs, and improve supply chain efficiency across multiple industries.

Faster and More Efficient Freight Movement

Unlike conventional rail routes where freight trains share tracks with passenger services, the WDFC operates on dedicated freight lines. This allows trains to run at speeds of up to 100 km/h, compared to the average freight train speed of around 25 km/h on traditional routes.
The corridor also supports double-stacked container trains, significantly increasing cargo capacity while improving operational efficiency. These advantages are enabling businesses to move goods faster and more predictably across the country.

Benefits for Key Industries

The impact of the WDFC is being felt across several sectors. Textile manufacturers in Gujarat, Rajasthan, and Punjab are benefiting from quicker access to major ports such as Mundra and JNPA. Automotive and engineering companies in Haryana and Uttar Pradesh are leveraging lower transportation costs, while agricultural exporters are moving products such as cotton, spices, and pulses more efficiently to global markets.
The pharmaceutical sector is also exploring the corridor’s potential for handling time-sensitive export shipments, supported by improved transit reliability.

Reducing Logistics Costs and Boosting Competitiveness

India’s logistics costs currently account for approximately 13–14% of GDP, significantly higher than the global average of around 8%. By improving freight efficiency and reducing transportation delays, the WDFC is expected to help lower logistics costs and enhance the competitiveness of Indian exporters.
The corridor plays a central role in the government’s PM GatiShakti initiative, which aims to create an integrated, multimodal infrastructure network to support economic growth and trade expansion.

Encouraging Private Sector Innovation

The WDFC is also creating new opportunities for logistics service providers. Recently, logistics technology company Zipaworld Innovation Pvt. Ltd. launched a dedicated warehouse-stuffed full-train service connecting Haryana’s ICD Dhirpur to Mundra Port. The service integrates warehousing, cargo handling, and rail transportation into a single logistics solution, demonstrating how private players are building value-added services around the freight corridor.

Building the Backbone of India's Export Network

Alongside the Eastern Dedicated Freight Corridor (EDFC), the WDFC is set to become a critical pillar of India’s multimodal logistics infrastructure. Together, these corridors will improve connectivity between industrial centers and major ports on both coasts, supporting the country’s ambitions to expand merchandise exports and strengthen its position in global supply chains.

Key Highlights:

  • The 1,506-km Western Dedicated Freight Corridor (WDFC) connects Dadri to JNPA near Mumbai.
  • Dedicated freight tracks enable train speeds of up to 100 km/h.
  • Dedicated freight tracks enable train speeds of up to 100 km/h.
  • Textile, automotive, agriculture, and pharmaceutical sectors are among the major beneficiaries.
  • The corridor helps reduce logistics costs and improve supply chain reliability.
  • WDFC is a key component of the PM GatiShakti infrastructure initiative.
  • Private logistics companies are developing innovative end-to-end freight solutions.
  • The WDFC and EDFC together will strengthen India's multimodal transport network.
  • The project supports India's long-term goals of boosting exports and enhancing global competitiveness.
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Ningbo Ocean Shipping Launches India Container Service to Enhance Port Connectivity

Ningbo Ocean Shipping has launched its first India service, marking a significant milestone in the company’s regional expansion strategy and extending its container shipping network into South Asia. The move strengthens maritime connectivity between China and India while supporting growing trade flows across the region.
The new service was officially inaugurated on May 24 with the maiden call of the vessel X PRESS Capella at Nhava Sheva. The route connects Ningbo-Zhoushan Port in China with Nhava Sheva and Mundra Port, two of India’s most important container gateways on the west coast.

Enhanced Connectivity for India-China Trade

The newly launched service provides a direct maritime link between China and India, improving cargo movement efficiency and reducing transit times. By connecting to Nhava Sheva and Mundra, the route offers Chinese exporters better access to India’s key industrial, manufacturing, and consumption hubs.
The service is expected to facilitate the movement of a wide range of cargo, supporting bilateral trade and strengthening regional supply chains.

Strategic Importance of Nhava Sheva and Mundra

The route includes calls at Nhava Sheva (Jawaharlal Nehru Port), India’s largest container port, and Mundra Port, one of the country’s leading commercial and logistics hubs. Together, these ports serve as critical gateways for international trade and provide access to northwestern India’s major industrial and manufacturing regions.
Improved shipping connectivity through these ports is expected to benefit exporters, importers, and logistics providers operating across the India-China trade corridor.

Strengthening Ningbo Ocean Shipping's Asian Network

The India service launch forms part of Ningbo Ocean Shipping’s broader strategy to evolve from a regional carrier into a major Asia-focused shipping operator. In recent years, the company has expanded its presence across key Asian markets, including Vietnam, Thailand, the Philippines, and Cambodia, while also strengthening operations in the Middle East.
The addition of India further enhances the company’s intra-Asia network and positions it to capitalize on increasing trade volumes within the region.

Supporting Regional Trade Growth

The new service also reinforces the role of Ningbo-Zhoushan Port as a major maritime gateway connecting China’s manufacturing centers with emerging Asian markets. Industry analysts view the launch as a strategic move that goes beyond capacity expansion, reflecting a long-term focus on building a more integrated and connected shipping network across Asia.
As trade and manufacturing activity continue to grow across the region, direct shipping services such as this are expected to play an increasingly important role in supporting efficient supply chains and regional economic integration.

Key Highlights:

  • Ningbo Ocean Shipping has launched its first India container shipping service.
  • The new route connects Ningbo-Zhoushan Port with Nhava Sheva and Mundra Port.
  • The service was inaugurated by the vessel X PRESS Capella on May 24.
  • Direct connectivity is expected to improve trade efficiency between China and India.
  • Nhava Sheva and Mundra are key gateways to India's industrial and manufacturing regions.
  • The launch supports Ningbo Ocean Shipping's expansion across Asia.
  • The service strengthens intra-Asia trade networks and regional supply chains.
  • Ningbo-Zhoushan Port's role as a major maritime hub is further reinforced.
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India Strengthens Global Gherkin Market Position with US$307 Million Exports in FY26

Record Export Performance in FY26

India’s gherkin exports reached an all-time high of US$307 million in FY26, reflecting strong global demand for the processed vegetable despite tariff-related challenges in the United States market. The milestone highlights the resilience and growing competitiveness of India’s agricultural export sector.

Strong Demand from Global Markets

According to industry sources, robust shipments to Europe, North America, and other international markets played a key role in driving export growth. Exporters credited the sector’s success to consistent product quality, competitive pricing, and reliable supply chains that enabled Indian gherkins to remain attractive in global markets.

India Maintains Leadership in Gherkin Exports

India continues to be one of the world’s leading suppliers of gherkins, exporting the product primarily in pickled form for use across food processing, retail, and foodservice industries. The country’s strong export ecosystem has helped it maintain a dominant position in the global gherkin trade.

Key Production Hubs Drive Growth

Major gherkin cultivation and processing activities are concentrated in Karnataka, Tamil Nadu, Andhra Pradesh, and Telangana. The industry relies heavily on contract farming models, which support large-scale production, ensure quality control, and provide a stable supply of raw materials for export-oriented processing units.

Market Diversification Supports Export Momentum

Industry stakeholders noted that expanding into new export destinations helped offset the impact of higher tariffs and trade-related pressures in certain markets. At the same time, steady demand from long-standing buyers contributed to sustained export growth throughout FY26.

Rising Demand for Processed and Convenience Foods

Growing consumer preference for processed foods, convenience foods, and ready-to-eat products across global markets has further boosted demand for pickled gherkins. This trend has created new opportunities for Indian exporters to expand their presence in international markets.

Positive Outlook for FY27

The gherkin industry remains optimistic about growth prospects in FY27. Exporters expect demand to remain strong, supported by increasing food processing exports, improved agricultural productivity, and continued expansion into emerging markets.

Focus on Quality and Trade Partnerships

Industry experts emphasized the importance of maintaining high-quality standards, enhancing supply chain efficiency, and strengthening international trade relationships. These factors will be critical in sustaining export growth and reinforcing India’s position as a leading global gherkin exporter.

Key Highlights:

  • India's gherkin exports reached a record US$307 million in FY26.
  • Strong demand from Europe, North America, and other global markets supported growth.
  • Export performance remained resilient despite US tariff-related challenges.
  • India continues to be a leading exporter of pickled gherkins worldwide.
  • Major production hubs include Karnataka, Tamil Nadu, Andhra Pradesh, and Telangana.
  • Contract farming plays a crucial role in supporting export-oriented production.
  • Rising global consumption of processed and convenience foods is driving demand
  • Industry stakeholders expect continued growth in FY27.
  • Quality assurance and stronger trade partnerships remain key priorities for sustained export success.
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Singapore–Kolkata Shipping Corridor Reopens as COSCO Expands Trade Network

COSCO Shipping has reinstated its Singapore–Kolkata SKX1 service, restoring direct maritime connectivity between Singapore, Southeast Asia’s leading transshipment hub, and Kolkata, one of eastern India’s most important ports. The service revival comes amid rising regional trade volumes and increasing demand for efficient supply chain solutions across Asia.
The route had previously been suspended as part of network rationalisation efforts, forcing many exporters and importers to depend on indirect transshipment services that increased both transit times and logistics costs.

Boost for Trade and Logistics

Kolkata serves as a vital trade gateway for eastern and northeastern India, as well as neighbouring countries such as Nepal and Bhutan. The port supports economic activity across major states including West Bengal, Odisha, and Jharkhand.
Enhanced connectivity through the Singapore–Kolkata route is expected to strengthen regional trade, improve supply chain efficiency, and support export growth across eastern India.

Supporting Growing Intra-Asia Trade

Industry experts view the revival of the SKX1 service as part of a broader trend of shipping companies expanding intra-Asia networks to accommodate growing trade flows. The recovery of global trade, combined with India’s emergence as a manufacturing and export hub, has increased demand for reliable regional shipping services.
Singapore’s position as a major global transshipment hub further enhances the route’s value by providing seamless connections to destinations across Asia, Europe, and North America.

Positive Outlook for Regional Trade

The reopening of the Singapore–Kolkata shipping lane aligns with growing trade ties between India and ASEAN countries and supports supply chain diversification strategies adopted by global businesses. The move is expected to improve logistics efficiency, reduce transit times, and strengthen eastern India’s role in regional and global trade networks.

Key Highlights:

  • COSCO has resumed the Singapore–Kolkata SKX1 shipping service.
  • The route restores direct maritime connectivity between eastern India and Singapore.
  • Exporters and importers will benefit from lower logistics costs and faster cargo movement.
  • Key cargo includes textiles, machinery, chemicals, agricultural products, and consumer goods.
  • Kolkata remains a strategic trade gateway for eastern and northeastern India.
  • The service supports growing India-ASEAN trade and regional supply chain integration
  • Singapore's global transshipment network provides better access to international markets.
  • • The revival reflects increasing demand for intra-Asia shipping connectivity.
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India Strengthens Textile Sector with Vision for US$100 Billion in Exports

Union Finance Minister Ms. Nirmala Sitharaman has called for strengthening India’s textile value chain—from farm to fibre, factory, fashion, and foreign markets—to build a globally competitive textile industry. Speaking at the TEXPROCIL Export Awards ceremony in Mumbai, she highlighted the sector’s critical role in driving economic growth and achieving India’s long-term development goals.
The government has set an ambitious target of achieving Rs. 9.67 lakh crore (US$100 billion) in textile exports and Rs. 24.17 lakh crore (US$250 billion) in textile production by 2030. The textile industry is expected to play a pivotal role in realizing the vision of Viksit Bharat by 2047.
Organized by the Cotton Textiles Export Promotion Council (TEXPROCIL), the awards ceremony recognized outstanding exporters for excellence in exports, innovation, employment generation, ESG initiatives, and e-commerce performance. During the event, TEXPROCIL also launched the Advanced Certificate Programme in International Trade (ACPIT) to strengthen India’s export ecosystem and enhance global competitiveness.
Highlighting India’s rich textile legacy dating back to the Sindhu-Saraswati Civilization, the Finance Minister noted that India is currently the world’s sixth-largest textile exporter. The textile sector contributes approximately 2.3% to India’s GDP and nearly 12% of the country’s total export earnings while supporting around six crore livelihoods directly and indirectly.
  • India targets US$100 billion textile exports by 2030.
  • Textile production goal set at US$250 billion by 2030.
  • Sector expected to support the Viksit Bharat 2047 vision.
  • India ranks as the world's sixth-largest textile exporter.
  • Textile industry contributes 2.3% to GDP and 12% of total exports.
  • Sector supports around six crore livelihoods
  • Textile exports reached US$33.5 billion in FY26.
  • ACPIT programme launched to strengthen export capabilities
  • Seven PM MITRA Parks under development with US$2.91 billion in committed investments.
  • Key reforms include GST reforms, PM MITRA Parks, and the Samarth Scheme.
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