Cotton

Uzbekistan To Import 100,000 Tonnes Of Afghan Cotton Annually

Textile Insights July 30, 2026

Uzbekistan has committed to purchasing 100,000 tonnes of cotton from Afghanistan each year as part of a broader initiative to strengthen bilateral economic ties and expand cooperation across agriculture, trade, transport and infrastructure development. The commitment was announced during a

Trade & Market

FTAs Open Access To US$60 Trillion Markets, Says Piyush Goyal

Textile Insights July 30, 2026

India’s recent Free Trade Agreements (FTAs) with major global economies are providing Indian businesses access to markets worth nearly US$ 60 trillion, strengthening the country’s export competitiveness and supporting its ambition to emerge as a global manufacturing and export hub, Union Commerce and Industry Minister Piyush Goyal has said. Sharing a video

Cotton

CAI Raises India’s Cotton Crop Estimate To 337 Lakh Bales For 2025-26

Textile Insights July 30, 2026

The Cotton Association of India (CAI) has revised upward its cotton pressing estimate for the 2025-26 season to 337 lakh bales of 170 kg each, an increase of 3 lakh bales from its previous estimate of 334 lakh bales, reflecting improved crop availability in key producing regions. The latest assessment, finalised by the CAI Crop […]

Industry

Tamil Nadu Textile Industry Seeks Power Tariff Support In New Industrial Policy

Textile Insights July 30, 2026

As Tamil Nadu prepares its new industrial policy, textile industry bodies have urged the state government to introduce targeted measures aimed at improving competitiveness, reducing power costs and attracting fresh investments across the textile value chain. The Southern India Mills’ Association (SIMA) has recommended a hybrid incentive framework combining upfront

Trade & Market

India-US Trade Deal Hinges On Competitive Tariff Access, Says Goyal

Textile Insights July 30, 2026

The first phase of the proposed India-US Bilateral Trade Agreement (BTA) will come into effect only after the United States restores India’s tariff competitiveness vis-à-vis rival exporting nations, Commerce and Industry Minister Piyush Goyal has said. Addressing concerns over the progress of the long-awaited trade pact, Goyal stated that the understanding reached

Special Report

Industrial Credit Growth Signals Revival In Private Investment: Kotak Report

Textile Insights July 30, 2026

India’s economy continues to demonstrate resilience despite an uncertain global environment, with high-frequency indicators pointing to steady growth across manufacturing, construction, services and consumption, according to a report by Kotak Institutional Equities. The report highlights a sharp rise in industrial credit as one of the strongest signs of a recovery in

Trade & Market

West Asia Crisis Highlights What India Must Fix To Reach US$100 Billion Textile Exports

Textile Insights July 30, 2026

India’s textile and apparel exports have remained around the US$ 40 billion mark for nearly six years, despite the industry’s ambition to reach US$ 100 billion by 2030. The ongoing West Asia crisis has disrupted trade routes and logistics, but it has also exposed deeper structural challenges that India must address to accelerate export growth. […]

Fibre

Chinese Scientists Create Living Textile from Fungus

Textile Insights July 30, 2026

Chinese researchers have developed a novel living textile derived from Cordyceps militaris, a medicinal fungus widely used in traditional Chinese medicine that can self-clean, self-repair and completely biodegrade within 41 days. The breakthrough, published in Science Advances on July 27, 2026, could open new possibilities for circular fashion and sustainable textile

Corporates

Lenzing To Close Austria And UK Plants, Cut Workforce By 25% Under Restructuring Plan

Textile Insights July 30, 2026

Austria-based fibre manufacturer Lenzing Group has announced a major restructuring programme that includes the closure of two production facilities, a workforce reduction of around 25 percent and fresh financing measures aimed at strengthening its financial position. The company said it plans to achieve cost savings of at least €120 million by the end of 2026 […]

Cotton

Better Cotton Partners Uzbekistan Standards Agency

Textile Insights July 30, 2026

Better Cotton (formerly BCI) has signed a cooperation agreement with Uzbekistan’s Uzstandard Agency to strengthen sustainability standards, certification systems and quality infrastructure across the country’s cotton sector. The partnership aims to support Uzbekistan’s ongoing efforts to modernise its cotton industry by aligning national standards with