Industry

TEA Seeks RBI Credit Support For MSME Exporters

Textile Insights April 21, 2026

The Tirupur Exporters Association (TEA) has called on the Reserve Bank of India (RBI) to introduce targeted funding mechanisms for MSME exporters and issue clear directives to banks to ensure seamless credit flow to the sector. The demand was raised during an interactive session jointly

Policies

Govt Revamps DGFT Norms Committees To Fast-Track Export Approvals

Textile Insights April 21, 2026

The Ministry of Commerce and Industry has rolled out key reforms to streamline the functioning of Norms Committees under the Directorate General of Foreign Trade, aiming to accelerate approvals under export-linked schemes and ease processes for exporters. The move focuses on faster clearance of applications under the Advance Authorisation (AA) and Duty-Free Import

Economy

SBI Report: India Strong Enough To Withstand Oil Surge

Textile Insights April 21, 2026

India is navigating the ongoing oil price surge and West Asia conflict from a position of resilience, with GDP growth projected at 6.8%–7.1% for FY27, according to a report by SBI Research. The report noted that unlike past oil shocks that triggered recessions in the United States, the current scenario is different due to strong […]

Policies

India–New Zealand FTA Set For Signing; Textile Trade Gains In Focus

Textile Insights April 21, 2026

New Zealand and India are set to formally sign their long-awaited Free Trade Agreement (FTA) on April 27 in New Delhi, marking a significant step forward in bilateral trade ties, with notable implications for the textile and apparel sectors. Confirming the development, Trade and Investment Minister Todd McClay said the agreement has completed legal verification […]

Apparel, Fashion, Retail

Vishwa Sutra Puts Indian Handlooms Global At Femina Miss India

Textile Insights April 20, 2026

At the 61st edition of Femina Miss India in Bhubaneswar, Indian handloom heritage took centre stage through a unique presentation titled Vishwa Sutra – Weaves of India for the World. The collection was unveiled by the Office of the Development Commissioner (Handlooms) under the Ministry of Textiles in collaboration with the National Institute of Fashion […]

Corporates

Arvind Limited Appoints Nigam Shah As Executive Director

Textile Insights April 20, 2026

Nigam Shah has been appointed to the position of Executive Director at Arvind Limited, following approval from the company’s Board of Directors for a five-year term effective April 2026. This appointment marks his induction to the Board and a significant broadening of his leadership role within the organization, where he has served as Chief Financial […]

Event

NITRA Hosts National Conference On Innovations In Protective Textiles

Textile Insights April 20, 2026

The National Conference on Innovations in Protective Textiles was grandly inaugurated on April 9, 2026, at the Northern India Textile Research Association (NITRA), Ghaziabad, by Union Minister of Textiles Giriraj Singh. Organised with the support of the National Technical Textiles Mission (NTTM), the conference marked a significant step in strengthening India’s position as

Corporates

Dow Appoints Karen Carter CEO, Fitterling Moves To Executive Chair

Textile Insights April 20, 2026

Dow Inc. has announced a leadership transition, with Jim Fitterling set to become Executive Chair and Karen S. Carter appointed Chief Executive Officer, effective July 1, 2026. Carter, currently Chief Operating Officer, will also join the Board, while Richard Davis continues as Independent Lead Director. The move follows a multi-year succession plan aimed at ensuring […]

Corporates

Suominen Corporation Appoints Liisa Pursiheimo As CHRO

Textile Insights April 20, 2026

Suominen Corporation has appointed Liisa Pursiheimo as Chief Human Resources Officer (CHRO) and member of its leadership team, effective April 21, 2026. Pursiheimo brings decades of international HR leadership experience and most recently served as Global Director, Human Resources at Sachem Inc. She succeeds Minna Rouru, who is stepping down to pursue other opportunities.

Apparel, Fashion, Retail

North American Retail Bodies Unite In Support Of USMCA Ahead Of 2026 Review

Textile Insights April 20, 2026

Retail organizations from the United States, Canada and Mexico have reaffirmed their strong support for the United States-Mexico-Canada Agreement (USMCA/CUSMA), stressing the need to preserve and strengthen the trilateral trade framework ahead of its scheduled 2026 review. During a recent visit to Washington, the Retail Council of Canada (RCC) met with the National Retail