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AnalysisIBEFMonday, 7 September 2026

GeM and Textiles Committee Sign MoU to Boost Procurement of Recycled and Upcycled Textiles

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Summary
GeM and the Textiles Committee have signed an MoU to promote recycled and upcycled textile products through public procurement. The initiative aims to build a circular economy ecosystem benefiting women, MSMEs and local recyclers.
Key Facts
TypeAnalysis
SourceIndia Brand Equity Foundation
PublishedMonday, 7 September 2026
Affected Population63 million MSMEs, export-import community
Key Numbers
Merchandise exports: $437 billion (2024-25)
FDI inflow: $71 billion (2024-25)
PLI scheme: Rs 1.97 lakh crore across 14 sectors
GDP: $3.9 trillion (2025 est.)
Key Authorities
Ministry of Commerce & IndustryDPIITDGFTMinistry of FinanceRBI
Key Stakeholders
ExportersImportersMSMEsTaxpayersBanks & NBFCsInvestors
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Explore Sectors
Trade & Commerce145 tracked→Finance & Economy671 tracked→Gender & Women37 tracked→
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