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Trade news for your textile business

Prices, policy, GST and market news that moves your textile business — every story links its source.

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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.

SoftBank sells 1.2% stake in Ola Electric amid rights issue

SoftBank has sold 1.2% of its stake in Ola Electric, reducing its holding to 11.7%. It also sold 25.9% of its rights entitlements in Ola Electric’s ₹1,000 crore rights issue.

Why it matters

Watch Ola Electric’s financial health; textile MSMEs should monitor EV sector trends for supply chain opportunities.

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.

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.

axiTrust raises $5 mn to digitise surety bonds for MSMEs

Fintech startup axiTrust is raising $5 mn in Series A funding led by Argor.vc to build digital surety bonds. The startup aims to replace traditional bank guarantees, freeing up ₹15 lakh crore of MSME working capital locked as collateral.

Why it matters

Textile MSMEs should watch for digital surety bonds as an alternative to bank guarantees to improve cash flow.

SGCCI MSME Conclave 2026: Policy updates, dispute resolution & export opportunities

SGCCI’s MSME Conclave on 23 Oct 2026 in Surat will cover MSMED Act 2026, online dispute resolution, Gujarat industrial policy incentives, and export opportunities. Key speakers include officials from MSME-DFO and Gujarat government.

Date
23 Oct 2026
Time
9:30 AM Onwards
Venue
Platinum Hall, SIECC Campus, Sarsana, Surat
Organiser
SGCCI
Event details

Why it matters

Textile MSMEs should attend to understand new compliance rules, subsidies, and export schemes; register early as seats are limited.