Rising fossil fuel prices, driven by global tensions, are squeezing polyester suppliers and garment makers in India and Bangladesh. Filatex India saw feedstock costs jump nearly 30%, leading to production cuts in textile hubs. Fast fashi...
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India's textile and garment exports grew 2.1% in fiscal year 2025-26, reaching ₹3.16 lakh crore. This increase, led by ready-made garments and handicrafts, happened despite global headwinds and US tariffs. However, underlying pressures a...
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Fiotex Cotspin, a Gujarat-based spinning mill, exemplifies India's cotton yarn export boom to China, driven by Middle East conflict-induced trade route disruptions and a weaker rupee. Monthly shipments have surged five-fold. However, thi...
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India's textile exports grew a modest 2.1% in FY25-26 to ₹3.16 lakh crore. Key drivers included ready-made garments and a strategic pivot to higher-value goods like handicrafts. The sector also benefited from government policy support an...
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Nandan Denim Ltd. is investing ₹4 crore for a 6.1% equity stake in Opera Vayu (Narmada) Private Limited, a special purpose vehicle for wind and solar power. This investment, under the captive power route, aims to secure 4.3 MW of renewab...
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India's Textile Ministry is pushing for lower import duties on man-made fibre (MMF) materials and priority access to natural gas. These steps aim to reduce rising costs and supply chain issues driven by global conflicts. The industry, ho...
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PDS Limited is using Free Trade Agreements (FTAs) with the UK and EU, alongside a new sourcing contract with a US retailer, to navigate global challenges. However, rising input costs and mixed analyst opinions are raising questions about...
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The Indian government greenlit 52 textile applications under the PLI scheme, expecting Rs 6,708 crore in investment and Rs 21,186 crore in turnover. While this signals policy support, actual realized investments in the first three quarte...
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India's textile and garment exports to the US dropped sharply by 28.7% in February 2026, continuing a six-month decline. Despite recent US tariff cuts following a Supreme Court decision, weakened consumer demand and missed seasonal order...
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India's Rs 10,683 crore textile PLI scheme is set for expansion under Union Minister Giriraj Singh. New categories include man-made fibre (MMF) apparel, fabrics, and technical textiles. This strategic move aims to spur fresh investment,...
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India's textile industry has just 10 years to use its labor advantage before automation makes it less competitive. While government efforts like PM MITRA parks build infrastructure, rivals Vietnam and Bangladesh are rapidly adopting new...
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Telangana's Chief Minister A Revanth Reddy has launched an ambitious plan to make the state the 'textile capital of South Asia' by 2047. The goal, part of the 'Telangana Rising 2047' strategy, promises substantial government support. How...
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Sai Silks (Kalamandir) Ltd. shares have fallen sharply, trading below ₹100, a nearly 57% drop from its ₹222 IPO price. The company reported provisional Q4 FY26 revenue of ₹419 crore (up 5% year-over-year), far below its 15% growth target...
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Ethnic wear brand Ramraj Cotton is preparing for a 2030 Initial Public Offering, aiming for a ₹10,000 crore turnover. Founder K.R. Nagarajan envisions a "culture IPO," blending traditional values with professional management and technolo...
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Indian exporters are breathing easier as the government restores Remission of Duties and Taxes on Exported Products (RoDTEP) rates until March 31, 2026. This aims to offset rising shipping costs and global conflict impacts. However, indu...
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The escalating West Asia crisis is severely impacting Surat's textile industry, known as India's 'Synthetic Capital'. Surging crude oil prices have dramatically increased raw material (PSF/PFY/POY) and freight costs, forcing manufacturer...
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US tariffs have hurt India's textile sector more than the ongoing West Asia conflict, according to Pallab Banerjee, managing director of apparel maker Pearl Global. He noted that while war creates uncertainty, its current impact on commo...
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Vardhman Polytex is raising up to ₹60 crore through Non-Convertible Debentures and Optionally Convertible Debentures to shore up its finances. The company also plans to sell its Ludhiana Unit land to aid debt repayment and fund growth. T...
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Bon Lon Private Limited will acquire a 6.83% stake in Padam Cotton Yarns Ltd. via a rights issue planned for March 18, 2026. This move will boost Padam Cotton's equity share capital by more than ₹9 crore, signaling a significant capital...
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JCT Limited will hold its 13th Committee of Creditors (CoC) meeting on March 20, 2026, via video conference. This is a critical stage in its Corporate Insolvency Resolution Process (CIRP) as stakeholders gather to decide the textile firm...
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