India pushes stronger BRICS supply chains, easier market access

India called on the BRICS Business Forum to strengthen supply chains, expand market access and reduce trade barriers.Discussions focused on logistics, raw materials, regulatory procedures and digital payments, while a proposed BRICS logistics framework could improve cross-border supply-chain resilience and efficiency.

Vietnam is pushing practical cross-border e-commerce training as online exports become a stronger route to overseas consumers and buyers.
Exports through e-commerce were estimated to grow 78 per cent in 2025, taking channel trade to about $4.45 billion.
Programmes will target China, the EU, the US, Japan and the Republic of Korea with market surveys and business matching.

Cambodia is strengthening its digital trade ecosystem as e-commerce revenue is projected to rise from $1.1 billion in 2025 to $1.8 billion by 2029.The government is focusing on digital infrastructure, regulatory reforms and market access, while expanding CambodiaTrade.com to help MSMEs, rural entrepreneurs and women-led businesses reach digital markets.

India and Russia are exploring a digital currency mechanism for trade settlements, with their central banks working on the structure.
The move could reduce payment frictions for exporters and importers as bilateral trade targets $100 billion by decade-end.
BRICS finance officials are also studying faster, lower-cost cross-border payment channels and local-currency settlement options.

Piyush Goyal said India has put textiles among five focus areas to lift India-Russia trade to $100 billion by 2030, with a $50 billion two-way investment aim.
The plan means adding $40 billion from a $60 billion base in four years, requiring more than double-digit annual growth.
Exporters are being asked to flag payment, logistics, certification, standards and visa barriers.

China’s textile and apparel exports rose 3.05 per cent YoY to $203.308 billion in January-August 2026, GACC data show.
Garments and accessories shipments inched up 2.5 per cent, while textile products rose 3.7 per cent.
Imports of textile yarns and fabrics increased 20.6 per cent to $7.709 billion as mills replenished raw materials.

Vietnam’s textile and apparel exports rose 1.7 per cent YoY to $22.2 billion in H1 2026, but heavy import dependence for raw materials remains a key vulnerability.The industry is focusing on localisation, productivity, traceability, digitalisation and green manufacturing to strengthen supply-chain resilience, meet rules-of-origin requirements and sustain competitiveness in global markets.

UK real GDP grew 0.4 per cent in July 2026, extending expansion for an eighth consecutive three-month period.However, retail trade excluding motor vehicles fell 0.5 per cent, signalling softer consumer activity.Services grew 0.6 per cent over three months, while production and construction each contracted 0.5 per cent, highlighting a mixed economic backdrop for apparel and retail demand.

Bangladesh’s NBR has tightened duty-free 10–30 count cotton yarn imports under the bond facility for export-oriented readymade garment factories.
Spinners say the move will lift demand for local yarn, revive mills, boost value addition, conserve foreign currency and support jobs.
BGMEA and BKMEA warn bank guarantees may raise costs, disrupt shipments and weaken garment export competitiveness.

BASF said Cheniere has commissioned Durasorb LNG MAX at its Corpus Christi LNG facility in Texas, across multiple liquefaction trains.
The single-unit adsorption technology removes trace contaminants and water to help prevent freeze-outs and downtime in LNG operations.
Cheniere aims to finish remaining trains by end-2027, with BASF providing adsorbents, modelling tools and technical support.

Gulf Cryo plans to lift regional liquid CO₂ output from 700 MTPD to 1,300 MTPD by end-2026, equal to over 470,000 metric tonnes a year.
Projects in the UAE, Saudi Arabia and Kuwait aim to secure local supply and GCC backup for industrial users.
A further 750 MTPD from existing facilities can be activated as demand rises.

Eni and PETRONAS have signed a feasibility agreement to assess high-performance bio-gasoline made from renewable raw materials via Eni’s Ecofining process.
The study covers technical, market, sustainability and performance profiles, with motorsport use first and later commercial products.
The work adds to biofuel options for transport-linked supply chains.

Asia 1.4D lyocell prices remained largely rangebound in the week ended September 4, 2026, with the readings pointing to stabilisation rather than a breakout.
China rose 0.36 per cent to CNY 14,000 per metric tonne, while India held at ₹203 per kg and Pakistan at PKR 721 per kg.
Lenzing's phased exit is tightening specialty supply as Chinese and Indian producers add capacity.

Shell, Schneider Electric and Axens have installed an industrial-scale Electric Tubular Heater at Shell Rheinland’s R3 base oil project in Germany.
The European first replaces conventional fired heating with an electric option designed for zero direct CO₂ and NOx emissions.
The project integrates process technology, electrification, power distribution and controls for refinery heating.

Asian MEG prices recorded their sharpest weekly move in months as Gulf shipment disruption through the Strait of Hormuz tightened China availability.
TexPro showed CFR China closing at $815/mt, up 10.88 per cent from Monday’s $735/mt, while CFR SE Asia rose 9.62 per cent to $855/mt.
Domestic China MEG increased 14.29 per cent to CNY 6,912/mt, outpacing import benchmarks.

Aarti Industries has commissioned phase I of its Zone IV project at Jhagadia, Gujarat, adding calcium chloride, PEDA and part of a multipurpose plant.
The assets expand downstream integration, flexible multi-product manufacturing and high-value product commercialisation.
The company will now move towards qualification, customer approvals and disciplined ramp-up this fiscal year.

Canada’s retaliatory tariffs of 15-50 per cent on $20 billion of US goods, including clothing, furniture, steel and electronics, have intensified the trade dispute.With 68 per cent oof Canadian exports heading to the US, uncertainty over USMCA and its future is raising concerns over investment, growth and cross-border trade.

Ecobat has closed the sale of its lithium-ion battery recycling operations and assets in Casa Grande, Arizona.
The deal is the final step in its exit from lithium recycling after prior disposals in Darlaston, United Kingdom, and Hettstedt, Germany.
The company will now concentrate resources on its North American lead recycling operations.

South Indian cotton yarn demand stays sluggish, with Mumbai and Tiruppur prices stable as buyers limit purchases.
High cotton yarn prices are shifting buying towards polyester and polyester-cotton yarns, while weak garment exports weigh on demand.
Gujarat cotton prices returned to previous levels; mills have one-to-two-month stock cover, and the new crop needs more rain in western India.

TexPro data showed DTY 150D/48F polyester filament yarn prices rose across Asian domestic markets in the week ended September 4, 2026.
China’s benchmark gained 3.04 per cent to 10,175 CNY per tonne, India rose to ₹149 per kilogram, and Pakistan to PKR 224 per kilogram.
Higher production costs, tight MEG supply and Brent crude gains drove the move, not stronger downstream demand.

BTTF and Première Vision SA signed a multi-year MoU in Paris on September 2, 2026 to deepen India-France textile and fashion links.
Indian exporters, manufacturers, designers and artisans are set to gain access to premium sourcing networks.
The pact covers buyer-seller meets, market intelligence, sustainability, traceability and heritage crafts amid India-EU FTA momentum.

Syre's planned US$1 billion Vietnam complex is designed for 100,000–250,000 tonnes of recycled PET pellets annually and about 600 jobs.
Construction is targeted for 2027, with operations around 2029, backed by ABB engineering and offtake commitments from Nike, H&M and others.
Carbios' €230 million Longlaville plant faces financing delays, while it pivots to a 50,000-tonne China joint venture.

Bangladesh’s Import Policy Order 2026–2029 sets garment export value-addition thresholds of 10 per cent to 40 per cent by product, FOB value and sourcing.
FOC-based synthetic-fibre garments and underwear reportedly face 40 per cent, while children’s wear doubles to 30 per cent.
The policy aims to deepen backward linkages, but exporters warn MMF, utilities and thin margins could test

Generative-AI imagery and virtual try-on are moving beyond experiments as AI becomes a gross-margin decision for apparel businesses.
AI imagery offers proven and immediate cost benefits, while virtual try-on targets returns reduction but still needs proof at scale.
Zalando cut imagery production from six-to-eight weeks to three-to-four days and reduced content costs by roughly 90 per cent.

US President Donald Trump recently signed into law H.R. 6500, the ‘Continuing Appropriations and Extensions Act, 2027’ after the piece of legislation was passed by the Senate on August 8.The bill includes a two-year extension of the Haitian Hemispheric Opportunity through Partnership Encouragement Act and the Haiti Economic Lift Program Act, as well as the African Growth and Opportunity Act.

Novonesis will invest €600 million (~$698 million) to expand Patalganga into a next-generation enzyme facility, due to be fully operational in 2030.
The added capacity targets rising global biosolutions demand and stronger supply flexibility across its production network.
Biofuels, household care, and food and beverage customers in the Middle East, India and Africa are among key markets.

Bayer is rolling out 10 Crop Science blockbusters globally; Plenexos insecticide and the Preceon Smart Corn System are already being commercialised.
For cotton-linked textile supply chains, Plenexos targets sucking pests and can use up to 75 per cent less active ingredient.
Vyconic is due in the US and Canada next year, with Intacta 5+ expected in Brazil for the 2027/2028 growing season.

UNIQLO will open a new store at Lake Shore, Thane, on October 16, 2026, bringing LifeWear to more customers in the Mumbai Metropolitan Region.The approximately 18,000 sq. ft. store will offer LifeWear for men, women and children with a modern layout and signature visual identity.The opening marks another step in UNIQLO’s expansion, with further details on offers and celebrations to follow.

India and Belgium aim to double bilateral trade in five years and support timely implementation of the concluded India-EU FTA.
Both nations prioritise diversified value chains, new markets, economic security and resilient supply chains for logistics, manufacturing and sustainable industries.
Next steps include investment protection and geographical indication talks, relevant to India-Europe sourcing teams.

Sterling Group appointed Xie Jianfeng executive director and Cai Zhenhua independent non-executive director from September 2, 2026.
The Hong Kong apparel company said board changes aim to strengthen governance and support compliance with listing regulations.
Cai chairs remuneration and nomination committees and joins audit; Xie remains vice president of administration and a subsidiary director.