June 19, 2025
Home Articles posted by Textile Insights (Page 2)
Industry

AGOA Expiry Threatens Over 66,000 Kenyan Textile Jobs

Kenya’s garment and textile export industry faces major uncertainty as the African Growth and Opportunity Act (AGOA) nears its scheduled expiry in September 2025, potentially putting more than 66,000 jobs in jeopardy. According to the 2025 Economic Survey by the Kenya National Bureau of Statistics (KNBS), employment in AGOA-accredited firms rose sharply by 15.18% in […]
Corporates

PDS Sets Up Subsidiary In Mauritius

PDS Limited, announced that NexStyle Apparel Manufacturing Limited, its wholly owned Indian subsidiary, has incorporated a new entity in Mauritius under the name ‘NexStyle Apparel Manufacturing Limited’ (NexStyle Mauritius), effective May 13, 2025. The move is part of the company’s ongoing efforts to strengthen its global manufacturing footprint. NexStyle Mauritius, now a
Financial Results

Mafatlal Sees 35% Jump In FY25 Revenue

Mafatlal Industries Limited, a key player in the Indian textile sector, reported its highest-ever annual revenue from operations in FY25 at Rs 2,807.2 crore, a 35% increase over the previous year, driven by the execution of large institutional orders. Total income stood at Rs 2,845.3 crore, up 33% year-on-year. Operating EBITDA rose to Rs 85 […]