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UpdateFOSTTA, SGCCI & industry bodiesExports, imports & dutiesSurat market18 Oct

SGCCI offers visa recommendation letters for business travel

The Southern Gujarat Chamber of Commerce and Industry (SGCCI) provides visa recommendation letters to its members to simplify and expedite the visa application process for international business travel.

Read at SGCCI — News & events

Summary by TT-Media from “Visa Recommendation Foreign Embassies and Business Houses in its “Fatehsingh Rao Gaekwad Library”” (SGCCI — News & events, Industry body). For the full text, official notices and exact figures, read the original.

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Inc42 — Startup and funding newsTrade press3 h ago
Credit, payments & interestExports, imports & dutiesImportant

E-commerce festive season squeezes seller margins with higher fees, penalties

Amazon and Flipkart have revised cancellation penalties and logistics fees ahead of the festive season, impacting seller margins. Flipkart charges flat fees for delays and cancellations, while Amazon links penalties to order value. Rising logistics costs add to the burden.

Why it matters

Textile and apparel sellers on e-commerce platforms should factor in higher cancellation fees and logistics costs when planning festive season inventory and pricing.

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Inc42 — Startup and funding newsTrade press13 h ago
Credit, payments & interestTextile policy & schemesImportant

IRDAI extends feedback deadline for insurance distribution reforms

IRDAI has extended the deadline for feedback on proposed insurance distribution reforms to October 31 after receiving over 650 comments. The reforms aim to cap commissions and lower expense limits but face opposition from brokers.

Why it matters

Textile MSMEs should monitor IRDAI’s final norms, as tighter credit insurance rules may affect trade finance costs.

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Inc42 — Startup and funding newsTrade press13 h ago
Credit, payments & interestGlobal marketsImportant

E-commerce platforms hike fees, penalties ahead of festive season

Amazon and Flipkart have increased penalties for late dispatches and cancellations, along with new fees on every order. Delhivery has also added a surcharge for D2C brands. These changes impact sellers, especially those handling low-value orders, amid rising production and fulfilment costs.

Why it matters

Textile and apparel sellers on e-commerce platforms should review their dispatch timelines and cost structures to avoid penalties.

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SGCCI — News & eventsIndustry body2 days ago
Surat marketExports, imports & duties

SGCCI hosts UK-India business networking event in Surat on 27 Oct 2026

SGCCI, in collaboration with the UK Department for Business, will host a business and investment networking reception in Surat on 27 October 2026. The event aims to explore UK-India trade opportunities and investment partnerships.

Why it matters

Surat textile traders and manufacturers should attend to explore UK export opportunities and cross-border partnerships.

Read story

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