Export

CITI: Textile Sector Records 12.38% Growth In September

Textile Insights October 17, 2024

India’s textile and apparel industry demonstrated impressive growth in September 2024, achieving a 12.38% rise in exports compared to the same period last year, according to a report by the Confederation of Indian Textile Industry (CITI). The surge was primarily driven by apparel exports, which

Policies

Gujarat Textile Policy 2024: Comprehensive Incentives To Propel Sustainable Growth

Textile Insights October 17, 2024

Gujarat, a leading textile hub of India, has announced its Textile Policy 2024, designed to boost investments, support local enterprises and promote sustainable manufacturing practices. The policy provides a mix of capital subsidies, interest relief, payroll assistance and infrastructure support, aiming to position Gujarat as a global leader in textiles. Key Incentives and

Corporates

Indo Count Expands Utility Bedding With Modern Home Textiles Acquisition

Textile Insights October 14, 2024

Indo Count Industries Ltd., the world’s largest bed linen manufacturer, has announced a major expansion in its Utility Bedding segment with the acquisition of two key U.S.-based companies. Indo Count Global, Inc. (ICG), a wholly-owned subsidiary of Indo Count Industries, has acquired Modern Home Textiles, Inc., a manufacturer of pillows and other filled products.

Industry

Textile Ministry Drawing Roadmap To Take Industry To The Next Level

Textile Insights October 10, 2024

The Union textile ministry is in the process of creating a comprehensive roadmap which, on the one hand, aims to address on dealing with a wide range of existing issues hampering the growth and, on the other hand, it aims to chart an action plan to achieve the targeted growth strategies in a more inclusive […]

Industry

Faisalabad’s Power Loom Industry In Crisis Amid Soaring Electricity Bills

Textile Insights October 10, 2024

Faisalabad, Pakistan’s textile hub, is facing a severe crisis as the city’s power loom industry struggles under the weight of exorbitant electricity bills. Rising raw material costs have further compounded the challenges, leaving loom owners unable to sustain their operations and rendering thousands of workers jobless. The once-bustling area of Ghulam Muhammad

Export

Global Bedlinen Exports Decline 10.17% In 2023 Amid Rising Demand For Sustainable Bedlinen

Textile Insights October 10, 2024

The global bedlinen export market represents a significant segment within the textile industry, largely driven by the rising consumer demand for home textiles and interior décor. Over recent years, this market has seen a considerable shift, with an increasing preference for eco-friendly and sustainable products, fueling demand for organic and sustainable bedlinen. As

Product Launch & Innovation

Matter And Paradise Launch World’s First Textile Microfibre Filter

Textile Insights October 10, 2024

British climate tech company Matter and Paradise Textiles, the material science and innovation hub of the Alpine Group, have announced a groundbreaking project to bring Matter’s Regen for Textile Production to market. Regen is the world’s first microfibre filter specifically designed for textile manufacturers, aimed at tackling the critical issue of global microfibre

Industry

Vietnam’s Garment-Textile Industry Sees Surge In FDI Inflows

Textile Insights October 10, 2024

Vietnam has attracted 3,500 foreign direct investment (FDI) projects in the garment-textile sector, valued at a combined US$37 billion, according to the Vietnam Textile and Apparel Association (VITAS). The FDI sector plays a pivotal role in the industry’s growth, contributing 65% of total export turnover. VITAS reports a surge in FDI inflows, with numerous global […]

Cotton

Decline In Cotton Sowing In Kharif Season Raises Export Concerns

Textile Insights October 10, 2024

India’s textile industry is grappling with a significant challenge as reduced cotton sowing during the current kharif season raises concerns about meeting the government’s ambitious export targets. As of September 13, cotton sowing has dropped to 11.24 million hectares, down from 12.36 million hectares in the same period last year. This decline raises questions

Sustainability

Reju CEO Patrik Frisk Launches ‘Regeneration Hub Zero’ For Sustainable Textile Production

Textile Insights October 10, 2024

In a significant stride toward sustainable textile manufacturing, Reju CEO Patrik Frisk, who formerly served as CEO of Under Armour, is leading an innovative project called Regeneration Hub Zero. This groundbreaking facility is dedicated to processing discarded textiles into Reju Polyester, a high-quality material that boasts a lower carbon footprint than conventional