Corporates

LMW Global FZE Signs MoU With Ministry Of Industry And New Technologies, Republic Of Tajikistan

Textile Insights July 11, 2025

LMW, a global leader in textile spinning machinery manufacturing, proudly announces the signing of a significant Memorandum of Understanding (MoU) with the Ministry of Industry and New Technologies, Republic of Tajikistan. This landmark agreement was officially exchanged on 8th July 2025,

Industry

India Gains Edge As US Tariffs Hit Textile Rivals

Textile Insights July 10, 2025

India’s textile and apparel industry is closely monitoring recent US tariff developments, anticipating potential opportunities as trade dynamics shift globally. Between January and May 2025, the US imported $5.11 billion worth of textiles and apparel from India 13% increase over the same period last year, signaling strong export momentum. “We are actively tracking the

Industry

Lesotho Faces Jobs Crisis As US Tariff Fears Grow

Textile Insights July 10, 2025

Lesotho has declared a national state of disaster due to “high rates of youth unemployment and job losses,” as the country grapples with uncertainty surrounding US tariffs and trade policies. The declaration, effective until 30 June 2027, enables the government to take emergency measures under the Disaster Management Act to mitigate the economic fallout,

Industry

Afreximbank To Build U$5 Bn Textile Hub In Nigeria

Textile Insights July 10, 2025

The African Export-Import Bank (Afreximbank) will begin construction of a U$ 5 billion integrated textile industrial facility in Nigeria this July, in partnership with Arise IIP and Swiss textile machinery firm Rieter, supported by the Swiss government. The move is part of a continent-wide industrialisation strategy, outgoing President Benedict Oramah announced at the

Sustainability

Textile Exchange Unveils 2030 Strategy – Doubling Down On Systems Change

Textile Insights July 10, 2025

Textile Exchange has announced a bold strategic shift as it aligns its operations and focus to meet the scale of transformation required for the fashion and textile industry to achieve critical climate and nature goals by 2030. The initiative, titled “Strategy to 2030: Doubling Down on Systems Change”, follows an extensive internal review launched in […]

Industry

BTMA Seeks Urgent Policy Reversal To Avert Textile Sector Crisis

Textile Insights July 10, 2025

Bangladesh’s primary textile industry is on the brink of a major disruption, warns the Bangladesh Textile Mills Association (BTMA), urging the government to roll back recent fiscal measures that threaten the survival of domestic spinning mills. In letters sent to key policymakers including the finance and commerce advisers, Bangladesh Bank Governor, and NBR Chairman, BTMA

Policies

Bangladesh Seeks Tariff Relief Amid Urgent Trade Talks With US

Textile Insights July 10, 2025

Bangladesh is in urgent negotiations with the US to avert looming tariffs that threaten its key exports, particularly apparel. Set to take effect on July 9, the proposed US tariff policy includes a 37% duty on Bangladeshi cotton products more than double the current 16% with a 10% baseline levy already in place. A high-level […]

Industry

Textile Ministry Plans New Schemes Beyond PLI-II

Textile Insights June 30, 2025

The Union Ministry of Textiles is exploring the introduction of new schemes for the sector in addition to the proposed second phase of the Production Linked Incentive Scheme (PLI-II). Union Minister of State for Textiles, Pabitra Margherita, stated during a media interaction in Coimbatore today (June 30, 2025) that the government remains committed to the […]

Industry

Govt Extends Safety Order Deadline To Sept 2026

Textile Insights June 13, 2025

The Ministry of Heavy Industries has issued an amendment to the Machinery and Electrical Equipment Safety (Omnibus Technical Regulation) Order, 2024, extending the enforcement timeline for key provisions of the regulation. As per the Machinery and Electrical Equipment Safety (Omnibus Technical Regulation) Amendment Order, 2025, the original compliance date has been

Event

29th Manufacturing IT Summit India Set For Tomorrow In Mumbai

Textile Insights June 11, 2025

India’s premier manufacturing technology conference to spotlight digital transformation and smart factory initiatives Exito Media Concepts is set to host the 29th edition of the Manufacturing IT Summit India tomorrow (June 12, 2025) in Mumbai. This physical conference will gather top technology and manufacturing leaders to explore the future of industrial digitization,